Relevance of personal lines insurance rising as premium growth outpaces nominal global GDP: McKinsey
Reinsurance News - Nov 29, 2024
In 2023, around a quarter of the the insurance industry’s total premiums came from personal P&C insurance as the segment’s gross written premiums (GWP) represented around $1.1 trillion, with growth outpacing nominal global GDP in the period, according to McKinsey & Company. Analysis by...
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