A volatile insurance marketplace can exacerbate the problem of hasty or compromised data. (Illustration: Valery Kachaev/studiostoks/Adobe Stock) A volatile insurance marketplace can exacerbate the problem of hasty or compromised data. (Illustration: Valery Kachaev/studiostoks/Adobe Stock)

Although insurance markets are stable and predictable, their susceptibility to disruptive variables cannot be ignored.

The insurance industry is actively seeking to establish reliability in the face of such variables as inflation, escalating interest rates, economic downturn, regulatory intervention and the waning impacts of the COVID-19 pandemic. These conditions are seeding concerns about the strength and sustainability of the market.

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