Tag: What is insurance?

  • Where will insurance companies invest their funds in 2022?

    According to Statista, the global insurance market was valued at $4.0 trillion in 2015. And will reach $4.7 trillion by 2020. This staggering increase in value can be attributed to the fact that more countries. Are becoming more dependent on insurance companies to protect them from unexpected events. Like natural disasters and financial crises. In the United States alone, Forbes reports that the market size of insurance companies will reach $2 trillion by 2022. These forecasts give us insight into where the majority of funds from insurance companies will be invested over the next decade. And where they should be invested. (more…)