Global Financial Services Market to Reach $47 Trillion by 2029 with 7.2% CAGR
The global financial services market is projected to grow to $47.35 trillion by 2029, driven by blockchain adoption, AI integration, and rising wealth management demand.
The global financial services market is projected to grow to $47.35 trillion by 2029, driven by blockchain adoption, AI integration, and rising wealth management demand.
A 2024 study reveals a shift in life insurance consumer preference towards flexible, lower-cost policies over lifetime guarantees, emphasizing cost sensitivity and the importance of clear product education.
Walmart introduces a personalized nutrition and wellness program for Medicare and Medicaid users, leveraging data to enhance consumer health and challenge competitors like Costco.
Illinois will switch healthcare enrollment to a state-based exchange this fall, with tax credit reductions and Medicare Advantage plan changes impacting consumers and carriers alike.
Florida's Property Insurance Stability Report reveals increased insurer financial risk and lack of transparency. Learn about regulatory disclosure limits and market impact.
AM Best lowers Safety Insurance Group's credit ratings citing capital adequacy challenges amid rising premiums and reserves, with stable outlook on financial strength.
Massachusetts commercial health insurers propose an average 13.4% rate increase for 2026 premiums in the merged individual and small business market, per state regulators.
Public opinion is sharply divided on the Congressional health care bill proposing Medicaid spending cuts and ACA changes amid rising favorability for both programs.
Aflac reveals a cybersecurity breach on its U.S. network affecting customer personal data, highlighting rising cyber threats in the insurance industry.
Aflac detected and contained a cyberattack affecting sensitive customer data, emphasizing growing cybersecurity risks in the U.S. insurance industry and highlighting the importance of robust incident response and customer protection measures.