The Earnix Blog: Resources for Insurance and Banking Leaders

As insurers continue to face lingering economic conditions and challenging markets, they are devising new strategies in response. One interesting shift is insurers’ increased focus on profitability instead of growth.

As global temperatures rise, the occurrence of extreme weather events such as hurricanes, wildfires, floods, and droughts becomes more frequent and intense. This increase in natural disasters leads to higher insurance claims and makes it more challenging for insurers to accurately assess and price risks.