Industry forecast to return to growth in 2023, inflation a key concern: Swiss Re
The insurance industry is expected to return to premium growth of 2.1% annually in 2023, driven by easing inflation and market hardening in property and casualty lines, according to a recent report by Swiss Re.
The report added that central bank interest rate increases are expected to improve investment results over the mid-term.
Real non-life premiums are forecast to grow by 1.8%
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