Fast Growing Industries Could Generate Up To $48 Trillion in Revenue, Reshaping Insurance
MarketRisk & Insurance

Fast Growing Industries Could Generate Up To $48 Trillion in Revenue, Reshaping Insurance

Oct 6th, 2026 • 5 min • View Source

New industries tied to A.I., electrification and biotech could drive up to a third of global growth by 2040 and force insurers to rethink pricing, coverage and claims models, according to  McKinsey. The post Fast Growing Industries Could Generate Up To $48 Trillion in Revenue, Reshaping Insurance appeared first on Risk & Insurance.

Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.

Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.

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