37% of insurance industry CEOs think their organisation will no longer be economically viable in ten years’ time, if it continues on its current course. This compares to 40% for CEOs across all industries. PwC's 2023 CEO Survey further finds that nearly three quarters of insurance executives believe they will see declining global economic growth during the year ahead while just 52% of insurance CEOs are extremely or very confident in their own company’s growth prospects over the next 12 months.
Territory Leader and Regional Insurance, Sustainability and Markets Leader, PwC Bermuda