In a year of ongoing change caused by geopolitical tensions and uncertain economic challenges, CEOs continue to face an evolving landscape. With swirling changes across the industry, we surveyed 134 insurance CEOs as part of the KPMG 2022 CEO Outlook, to gather their insights and perspectives on how to remain relevant and ahead of the competition by navigating through key topics impacting the insurance industry over the next 3 years.

  

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The KPMG 2022 Insurance CEO Outlook

Discover key trends impacting the insurance sector and priorities for the next 3 years.



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90 %

Percent of insurance CEOs believe a recession is likely in the next 12 months

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87 %

Indicated confidence for growth prospects in the industry versus their own organization

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77 %

Have a strategy in place to drive digital transformation to remain relevant and competitive

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59 %

Are seeing increased demand from stakeholders for reporting and transparency on ESG issues

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77 %

Believe that their organization is under extra pressure to increase reporting of global tax contributions

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78 %

Believe they have a responsibility to drive greater social mobility

About KPMG’s CEO Outlook

The 8th edition of KPMG CEO Outlook, conducted with 1,325 CEOs between 12 July and 24 August 2022, provides unique insight into the mindset, strategies and planning tactics of CEOs not only comparable to pre-pandemic to today, but also from KPMG’s CEO Pulse Survey conducted with 500 CEOs between 12 January and 9 February 2022, before the Russian government's invasion of Ukraine.

All respondents have annual revenues over US$500M and a third of the companies surveyed have more than US$10B in annual revenue.