The most common action taken by North American insurance companies support financial stability over the next 6-12 months is to rationalize compensation and headcount. Over four out of ten respondents selected this option in a 2020 survey. This differs from both Europe and the Asia Pacific region, where insurance companies were more likely to implement technology to enhance efficiency - although reducing headcount was still a popular action in these regions.
Share of insurance companies worldwide who have implemented actions to support financial stability over the next 6-12 months in 2020, by action and region
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Deloitte. (December 3, 2020). Share of insurance companies worldwide who have implemented actions to support financial stability over the next 6-12 months in 2020, by action and region [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1192664/insurance-companies-actions-financial-stability/
Deloitte. "Share of insurance companies worldwide who have implemented actions to support financial stability over the next 6-12 months in 2020, by action and region." Chart. December 3, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1192664/insurance-companies-actions-financial-stability/
Deloitte. (2020). Share of insurance companies worldwide who have implemented actions to support financial stability over the next 6-12 months in 2020, by action and region. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1192664/insurance-companies-actions-financial-stability/
Deloitte. "Share of Insurance Companies Worldwide Who Have Implemented Actions to Support Financial Stability over The next 6-12 Months in 2020, by Action and Region." Statista, Statista Inc., 3 Dec 2020, https://www.statista.com/statistics/1192664/insurance-companies-actions-financial-stability/
Deloitte, Share of insurance companies worldwide who have implemented actions to support financial stability over the next 6-12 months in 2020, by action and region Statista, https://www.statista.com/statistics/1192664/insurance-companies-actions-financial-stability/ (last visited November 21, 2024)
Share of insurance companies worldwide who have implemented actions to support financial stability over the next 6-12 months in 2020, by action and region [Graph], Deloitte, December 3, 2020. [Online]. Available: https://www.statista.com/statistics/1192664/insurance-companies-actions-financial-stability/
