Insurance Growth Report Balancing risk and reward 2020 - Part 1 / 3
The outlook for the insurance industry is finely balanced. The green shoots of market hardening that appeared in 2018 appear to have taken root in 2019.
Losses from natural catastrophes were down. And innovative technologies that promise benefits across the entire re/insurance value chain are maturing.
But challenges remain. Political and economic headwinds are strengthening. Growth forecasts are moderate at best. Loose monetary policy shows little sign of easing, maintaining pressure on investment returns. And the impact of climate change is increasingly obvious, making the risk outlook more difficult to predict.
Against this backdrop of increasing complexity, re/ insurance businesses around the world are looking to balance the risks they face by pursuing the right opportunities to deliver growth.
Where to start for SA businesses?
09 July 2020: Parts of the long-awaited Protection of Personal Information Act 4 of 2013 came into force on 1 July 2020, and companies will have a period of one year ... Read More »
After a 2019 that was dominated by trade tensions between the United States and China, Coface has observed an incipent recovery in Asia (excluding China), supported by supply chain shifts and additional liquidity ... Read More »
Coface announces the closing of the acquisition of GIEK Kredittforsikring AS, a company created in 2001, and owned by the Norwegian Ministry of Trade, Industry and Fisheries, that manages a short-term export credit ... Read More »
Although the second quarter of 2020 is shaping up to be the most challenging period of the year, there are now good reasons to think that the road to recovery will be long and arduous. Despite immediate tax deferrals, ... Read More »