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CEOs of the insurance industry

are concerned about technological

transformation speed

PwC has announced the results of its traditional Annual Global CEO

Survey carried out for the 24th time this year. The Survey was carried
out in January and February of 2021 rather than at the end of the
previous year, considering the Covid-19 vaccine development process,
the USA presidential election, and Brexit bargains between England
and EU, and it was completed with the participation of 5,050 CEOs

from 55 countries and regions. The most remarkable result of the
survey is that 76 percent of the global CEOs are expecting economic
growth in 2021 after a challenging global pandemic year. While the

developments about pandemics are at the top of the CEOs’ definition
of risk, cyber threats including subtopics such as cyber-attacks and
disinformation are considered among the important issues of the
business world. According to the survey, CEOs do not agree on climate
change; while 30 percent of the participant managers report a serious

concern about climate change, 60 percent do not consider climate
change among strategical risks in terms of management.

What’s keeping insurance CEOs up at night?

95%
93%

85% 85%
83%

Over-regulation Cyber threats Speed of Populism Geopolitical
technological change uncertainty

Source: PwC’s 21st CEO Survey, Insurance