Published on 3 Apr 2024 on Insider Monkey via Yahoo Finance
In this article, we will take a look at the top 10 alternatives to Aflac. If you want to skip our detailed analysis, you can go directly to Top 5 Alternatives to Aflac.
The Insurance Outlook in 2024
According to a report by KPMG, insurance leaders have a pretty bullish outlook on the insurance industry. It is to be noted that the positive sentiment has been comparatively lower compared to previous years. 75% of CEOs surveyed held a positive outlook, down from 90% from the previous year. 82% of the CEOs on the other hand are particularly concerned about the impact of cybercrime and the rising cost of living. While technology seems to be a threat to the future of insurers, 60% of CEOs stated they were buying disruptive technologies. The number grew by 6 points compared to 2022.