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Insurance Industry Challenges
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Overview
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European insurers navigate challenges from soaring interest rates and economic uncertainty, with a gradual recovery in non-life insurance and reinsurance expected. Claims development dynamics in P&C insurance are a major concern, with a slowdown in premium growth projected. Scenario planning is crucial for reinsurers amid economic uncertainty.
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How might the challenges faced by European insurers impact the global insurance industry?
In what ways can scenario planning help reinsurers manage economic uncertainties?
What strategies can insurers employ to navigate the challenges posed by soaring interest rates?
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