Sign in
Stories
Global Economy and Insurance Market Forecast
Share
Arch Capital Group's Q3 Financial Result...
European Insurers: Resilient Amid Challe...
Financial Industry Updates and Analysis
2024 P&C Rate Predictions
AM Best Affirms Credit Ratings of Philad...
AM Best Affirms and Withdraws Credit Rat...
Overview
API
Swiss Re Institute predicts a global GDP growth slowdown to 2.2% in 2024 and highlights the importance of risk transfer in the insurance industry. The report warns of a higher risk of recession in Europe but foresees strong growth in savings products. Swiss Re anticipates sustained hard market conditions through 2024 due to insurance losses surpassing $100 billion from natural catastrophes.
Ask a question
How might the predicted global GDP growth slowdown affect different regions and industries?
In what ways can the insurance industry innovate to mitigate losses from natural catastrophes?
What strategies can insurers adopt to navigate sustained hard market conditions?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Coverage
artem
busin
insur