Industry to enter 'transition years' marked by high inflation and low growth: Swiss Re
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Industry to enter 'transition years' marked by high inflation and low growth: Swiss Re

Martha Muir
13 July 2022
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Swiss Re has forecast that total insurance market premiums globally will rise by 1.2% in real terms over 2022 and 2023, to above $7tn this year, as inflation bites.

The combination of high inflation and low growth would make 2022-23 “transition years” for global insurance markets and, together with other factors, result in a mixture of longer-term tailwinds and shorter-term headwinds for the industry.

Headwinds

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Topics

NewsRatesSwiss Re
MM
Martha Muir
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