Trends in the global insurance market and implications for African insurers

Overview

Over the last five years the insurance industry has been among the most disrupted sectors in the global economy, which created a sense of intimidation among insurers. This disruption has emerged from the speed of technological change, changing customer expectations, continued regulatory change and fear of new market entrants. During a recent visit to South Africa, PwC’s global insurance lead, Stephen O'Hearn, shared his views on developments in the global insurance industry. He also discussed the megatrends that are likely to shape the insurer of the future globally and locally in South Africa. 

PwC insurance employee working in note book

Contact us

Alsue du Preez

Partner, PwC South Africa

Tel: +27 (0) 11 797 5609

Follow us