💨 Abstract

The Bain & Company report predicts that insurance protection gaps will widen across all lines of business by 2030, with only 25-33% of natural disaster damages and less than 50% of mortality risks covered. This is due to increasing risks like natural disasters, cyberattacks, unaffordable property premiums, and declining relevance of life insurance among younger generations.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖