Gen AI could unlock $50-$70bn in insurance revenue, estimates McKinsey & Company

Share!

Reinsurance News - Feb 27, 2026

McKinsey & Company, a management consulting firm, argues that artificial intelligence (AI) represents one of the most significant opportunities for value creation within the insurance industry. In its analysis, McKinsey & Company maintains that the sector’s structural characteristics, includ...

Read Full Article

Recommended Articles

US P&C industry achieved higher underwriting profit in 2025: AM Best

Posted: Mar 24, 2026

The US property and casualty (P&C) industry recorded a $60.9 billion net underwriting gain in 20...

Shepherd secures $42m Series B as construction insurance demand grows

Posted: Mar 24, 2026

Shepherd, an insurance technology platform for commercial industries, has successfully closed a $42...

Secondary reinsurance market key to improved capital efficiency: Howden

Posted: Mar 24, 2026

A new report from Howden has articulated a framework for introducing structured secondary trading fo...