Insurance CEOs' Confidence in Revenue Growth Drops 18% - PwC Report Reveals Challenges Ahead

According to a PwC report based on responses from 4,454 CEOs across 95 countries, 46% of insurance chief executives are less confident about their companies' revenue growth prospects in the next 12 months, down from 56% in 2025. The report highlights that only 33% of CEOs have seen gains from AI investments, with 56% reporting no significant financial benefits.

Concerns about geopolitical risks, cyber threats, and the need for continuous reinvention are prevalent among CEOs. Additionally, CEOs are planning to invest outside their current industries, with the US, UK, and Germany being top destinations, while interest in India has doubled.

Dr. Ngozi Okonjo-Iweala emphasized Nigeria's potential as a player in the global supply chain during discussions at the World Economic Forum.