【保险学术前沿】文章推荐：2025全球保险业展望：运营模式革新，塑造行业未来

Core Insights - The insurance industry is undergoing significant transformation driven by rising interest rates, inflation, and emerging risks, necessitating a shift from traditional risk assessment to more proactive management strategies [5][6][8]. Non-Life Insurance - The U.S. non-life insurance sector achieved an underwriting profit of $9.3 billion in Q1 2024, a significant recovery from a loss of $8.5 billion in the same period last year, driven by multiple rounds of rate increases [10]. - The industry faces challenges including rising claims costs due to social inflation and geopolitical tensions, which require careful risk assessment and management [11][16]. - Global natural disaster losses exceeded $100 billion for the first time in six years, highlighting the need for reinsurance companies to closely monitor and reassess underwriting risks [11][16]. Life Insurance and Annuities - The high interest rate environment has stimulated demand for savings-related products, with U.S. annuity sales reaching $385 billion in 2023, a 23% increase year-over-year [21]. - There is a significant protection gap in the U.S. life insurance market, estimated at $25 trillion, and a global retirement savings gap of approximately $70 trillion [25][26]. - Life insurance companies must modernize core systems and optimize processes to sustain long-term growth and profitability [25][32]. Group Insurance and Employee Benefits - The group insurance sector has benefited from high renewal rates and wage inflation, but growth may slow due to a projected increase in unemployment rates [33][34]. - Employers are increasingly recognizing the importance of benefits packages in attracting and retaining talent, with over 70% of respondents in a consumer confidence survey indicating that benefits are crucial [34]. AI and Digitalization - 76% of U.S. insurance companies have implemented generative AI in at least one business area, with claims and customer service being the primary focus [36]. - The AI liability insurance market is projected to grow at a compound annual growth rate of 80%, potentially generating $4.7 billion in annual premiums by 2032 [20]. Emerging Areas - Embedded insurance is expected to exceed $722 billion globally by 2030, driven by partnerships with industries such as automotive and real estate [20]. - Insurance companies can balance profitability and social value by investing in climate resilience and innovative underwriting practices [43][44]. New Tax Regime - The introduction of a global minimum tax rate is reshaping the tax landscape for insurance companies, particularly those in traditionally low-tax jurisdictions [46]. - Companies must adapt their organizational structures and compliance strategies to meet new tax obligations, which may impact pricing and operational strategies [46]. Conclusion - The insurance industry is at a pivotal moment, requiring companies to innovate and adapt to changing market dynamics, consumer expectations, and regulatory environments to maintain competitiveness and sustainability [48].