Next step to take to boost the topline? Track the recent strategic moves and product landscape of artificial intelligence (AI) in the insurance market.
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Globally, the insurance industry has seen strong premium growth in 2022, on a percentage basis, while growth in 2022 is noticeably slower, on a percentage basis. Total Premiums (GWP) are expected to reach … by 2028. Artificial intelligence (AI) in insurance companies seeking growth opportunities in global insurance markets can explore both fastest growing markets and largest developed markets; slowing growth rates suggest; however, most carriers would also need to look further. “Growth during this period will be fueled by emerging markets in APAC and Latin America”
The report describes the total Artificial Intelligence (AI) market in the insurance industry; Other market is broken down by application [on, Life Insurance,
Geographically, the global version of the report covers the following regions and countries:
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Research approach and hypotheses:
– HTF MI outlines key trends in the global Artificial Intelligence (AI) in Insurance Market using final data for 2022 and prior years, as well as quarterly or annual reports for 2022. In general, the years considered in the study i.e. base year 2022, historical data considered as 2022-2028 and forecast period is 2022-2028.
– Various analytical tools were used to assess how the insurance sector and in particular artificial intelligence (AI) in the insurance industry might respond over the next decade to global macroeconomic changes. Our “consensus scenario” assumes a recovery in global GDP growth in the coming years on top of fluctuating interest rates; the results presented in the Artificial Intelligence (AI) in the Insurance Market report reflect the results of this model.
– When calculating the growth of artificial intelligence (AI) in the insurance market, we have generally used nominal gross premium figures based on fixed 2022 exchange rates, as this data allowed us to compare local growth rates without the interference of currency fluctuations. The exceptions, which use floating exchange rates, are
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