Industry forecast to return to growth in 2023, inflation a key concern: Swiss Re
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Industry forecast to return to growth in 2023, inflation a key concern: Swiss Re

Farhin Lilywala
November 17, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Swiss Re logo bank note inflation.jpg

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%

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Rates Swiss Re
farhin lilywala/farhin lilywala ii us.png
Farhin Lilywala
Section Editor, Distribution & Specialty
Contact
Gift this article