Motor premiums could drop 80% by 2040: report

The global motor insurance sector could see premiums fall by up
to 80 percent in mature markets by 2040 as disruptive trends buffet
the industry, according to Boston Consulting Group (BCG) and Morgan
Stanley.
In a report released today, the companies warned that a
significant portion of the $200bn market is at risk, as new car
technology, data availability, digitisation, regulation and world
economics put the sector on the brink of dramatic change.
A heavy disruption scenario could see voluntary