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Global insurance outlook bright, but concerns over cyber, climate risks: Swiss Re chairman
Property, casualty premiums will more than double to US$4.3t by 2040, he says
Published Sun, Dec 12, 2021 · 09:50 PM
Singapore
THE global outlook for insurance is bright, as strong economic growth and rising affluence spur demand for protection, says Swiss Re chairman Sergio Ermotti.
What's more, the worst of claims from Covid-19 arising from business interruption and event cancellations appears to be over.
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