Clifford Chance

Global Insurance Trends 2024

20 March 2024

Innovation, evolving regulatory frameworks and strategic adaptations are driving change in the global insurance markets. In the life insurance sector, we will see the continued growth of Pensions Risk Transfer (PRT) activity in new jurisdictions and with new structures. Additionally, cross-border reinsurance has become a critical component of capital management strategies. In the general insurance sector, opportunities in specialty lines, for Managing General Agents (MGAs) and for alternative capital solutions are driving change against the backdrop of increased regulatory oversight growth in sectors such as Managing General Agents (MGAs), and the exploration of alternative capital solutions to address rising demand. Collectively, these trends indicate resilience, adaptation, and potential opportunities within the global insurance landscape.

Here we examine key legal trends shaping the life and general insurance sectors in 2024.

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