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Insurance CEOs extremely concerned about pace of technological change but surprisingly optimistic about growth

Insurance CEOs extremely concerned about pace of technological change but surprisingly optimistic about growth

While insurance continues to be one of the most disrupted sectors in the global economy and insurance CEOs are more concerned about the pace of technological change than CEOs in any other industry, more than 90% of insurance CEOs are confident about their own organisation’s revenue prospects over the next three years.

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By 2030, the transport sector will require 138 million fewer cars in Europe and the US

By 2030, the transport sector will require 138 million fewer cars in Europe and the US

The automotive market will face radical change in 2030, according to research by PwC. As a result of novel sharing concepts, the stock of cars could fall from 280 to 200 million in Europe and 270 to 212 million in the United States. China, in contrast, is expected to see its vehicle inventory rise to 280 million vehicles in 2030, up from 180 million today.

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