If you’ve been following the latest headlines on the insurance sector, you would have read that insurers are having a hard time in this Age of Globalization. They’re dealing with regulatory problems, geopolitical risks, demographic shifts, and low bond yields. However, the good news is, they aren’t backing down. Armed with unique products, reduced handling...
There’s no stopping the globalization train. It’s already here and it’s going to go further and wider. How has globalization affected the insurance markets and insurance companies all over the world? Competition in the Insurance Markets First and foremost, local insurance companies started facing more widespread competition – not only from within the country but also...
