Key Economic Risks Outlook for 2025: Growth, Inflation & Interest Rates
US trade policy uncertainty affects regional growth forecasts, with the US economy expected to outpace the Euro area. China faces weaker growth
Inflation Resilience
“Inflation Resilience” examines how insurance products and technologies adapt to economic inflation.
This review category assesses strategies and features that help insurers and policyholders manage the financial impact of rising prices. It includes evaluations of insurance policies with built-in inflation protection, adjustments in coverage to account for increased costs, and innovations in the insurance sector designed to maintain stability during inflationary periods.
The focus is on identifying effective solutions and best practices for maintaining the value and effectiveness of insurance coverage amidst fluctuating economic conditions.
Asia FX Edges Lower, Dollar Steadies With Inflation On Tap
The value of currencies in Asia decreased except for some, which remained stable against the US dollar in light of expected inflation figures
Largest US Corporate Bankruptcy Filings Gained More Momentum
US corporate bankruptcy filings gained more momentum in February 2024, underpinned by a flurry of filings in the healthcare sector
Insurance Resilience Index & Global Protection Gap
Insurance resilience indices measure how insurance contributes to maintaining financial stability. Global protection gap measured at $1.8 trln
Natural Catastrophe Losses Will Continue to Be the Largest Risk to Japanese Insurers
Natural catastrophe-related losses will continue to be the largest risk to Japanese nonlife insurers’ earnings in fiscal year 2023, though the effects of inflation are catching up
How Insurers Respond to Inflationary Shocks? Insurance Economics Perspective
Every insurer should closely monitor price developments, focusing on the drivers relevant to the respective insurance coverages, such as repair costs, construction prices or medical inflation
Impact of Inflation & Rising Interest Rates on Insurance Industry
The immediate impact of inflation on non-life (P&C and health) insurers’ earnings is negative, primarily through rising future claims costs on current insurance policies
How P&C Insurance Companies in the United States Can Increase Inflation Resilience?
As property and casualty insurers in the United States struggle to maintain profitability, executives will need to direct a coordinated response across pricing, underwriting, claims
Wider natural catastrophe exposure continues to pressure financial results across the property and casualty (P&C) insurance industry
Fitch Ratings projects that the property and casualty (P&C) insurance sector will continue to face difficulties in 2025 due to volatile natural catastrophe risks
US trade policy uncertainty affects regional growth forecasts, with the US economy expected to outpace the Euro area. China faces weaker growth
Canada insurance market saw further rate declines in 2024, with property, casualty, financial, and cyber lines experiencing reductions. Property insurance rates fell 3%