According to the sigma “Risk on the rise as headwinds blow stronger” the global insurance industry’s strengthening financial position offers welcome reinforcement against elevated macroeconomic and geopolitical risks.
Tag: global insurance industry
Swiss Re Report Shows Strong Growth for Global Insurance Markets as Risk-Protection Demand Increases
According to the Swiss Re Institute’s most recent sigma study, the global insurance industry will set a new record in global premiums by mid-2022, exceeding $7 trillion. This is earlier than Swiss Re predicted in July and reflects increased risk awareness, increased demand for protection, and rate hardening in non-life insurance commercial lines. The insurance… Continue reading Swiss Re Report Shows Strong Growth for Global Insurance Markets as Risk-Protection Demand Increases