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Stock impact report

P&C Insurance Platform Market To Reach USD 31.3 Billion By 2032 Report, By DataHorizzon Research [Yahoo! Finance]

Sapiens International Corporation N.V. - Common Shares (SPNS) 
Last sapiens international corporation n.v. - common shares earnings: 2/24 07:11 am Check Earnings Report
US:NASDAQ Investor Relations: sapiens.com/investors
Company Research Source: Yahoo! Finance
Fort Collins, Colorado, April 05, 2024 (GLOBE NEWSWIRE) -- The P&C Insurance Platform Market size was valued at USD 13.7 Billion in 2023 and is anticipated to reach USD 31.3 Billion by 2032 at a CAGR of 9.6%. The size of the Property and Casualty (P&C) insurance market experienced growth due to the increasing number of life risks and heightened awareness regarding risk management. The prevalence of unforeseen events such as natural disasters, cyber threats, and economic downturns has amplified the necessity for comprehensive risk management solutions. For instance, the National Center for Environmental Information confirms that the United States experienced approximately 28 natural disasters in 2023, costing around USD 93 billion. P&C insurers can address these evolving risks and threats by offering improved policy coverage, further stimulating market growth. Consequently, the P&C insurance market is anticipated to grow in the coming years. Technological innovation within the P&C Show less Read more
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