Insurance News: 2024 Review | The Insurance Blog
As 2024 approaches, we are pleased to collect the insurance analysis program.
2024 Set another heat record. And we’re looking at the fifth consecutive year of 60 billion in insured losses from catastrophic events linked to climate change. We discuss how consumers are adapting to this fundamental change in risk and loss patterns and how it affects the products and services they bring to market. We also talk about the important private-society partnerships that play in tackling unemployment.
Similarly, there are changes in medical risk that require new models and collaboration in industry and the public sector. As people age, we see a greater risk of financial loss among people with unknown memory loss. We discuss ways the industry can help consumers protect their interests as they become more vulnerable and use employee benefits to support caregivers in the sandwich generation.
Finally, we talk about ways to protect your vacation packages from porch piracy. A startup, Porchpals, is now offering to help online shoppers manage this risk. But what role could softeners play in this area?
With new risks and models emerging, there are exciting times ahead. Have a wonderful holiday season. See you again in 2025!
