A big, big market for medical insurance has popped up in the insurance industry.And it’s growing.In the U.S., the insurance market has more than tripled since 2000, reaching $6.2 trillion in 2020, according to the insurance and investment firm Avalere Health.That’s nearly a quarter of the global market, and about 40 percent of the world’s […]Read More
Insurers have grown their market share by almost 30% to almost $1 trillion, according to new data released on Wednesday.The number of insurance companies in the US grew by 27% to 2.5 million, up from 1.7 million in 2016, the Federal Trade Commission said in a release.Insurers have been working to make up for the […]Read More
The US insurance industry is in turmoil, with a new climate change study finding the industry is “at a crossroads”.
Insurance industry analysts have forecast a major fall in the insurance market as global demand for affordable health insurance declines, as a result of rising temperatures, rising CO2 emissions and the impact of CO2-driven storms and floods.The report by the Institute for Health Policy and Research (IHPR) warns that the industry has “taken a huge […]Read More
The Insurance Industry is on the brink of another financial crisis, and the number of Americans who have insurance through their employers is likely to grow faster than the total number of jobs that have been created in the last decade, according to the American Association of Insurance Commissioners.That means that many of the thousands […]Read More
‘What industry is Insurance?’ The industry is still in its infancy, but we’re already getting a taste of what the future holds for the industry.
Insurance industry job listings are still very much in the early stages, but there are some hints about what to expect.In an interview with Yahoo Finance, Tom C. Johnson, vice president of the Association of Insurance Agents and Brokers, said the industry will be an “emerging business,” but he’s optimistic that it will “provide a […]Read More