Upbeat forecast lends hope of better returns for insurers
Swiss Re says global economy is in a "cyclical upswing", which would support growth of insurance industry in 2018 and 2019
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Singapore
LIFE insurers here will be keeping their fingers crossed that the current robust investment climate extends into 2018 in order to generate better returns for their participating or Par funds, following what economists described as a "Goldilocks" (moderate growth and low inflation) 2017 and a bull market in 2016.
The financial markets this year have been buoyed by global growth that was led by stronger than expected demand across China and G3 (United States, Japan and the eurozone), little inflation, and rising asset markets.
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