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The global insurance industry faces pressure from high inflation, natural catastrophe losses and volatile financial markets this year, and we expect rate hardening to regain momentum in response. Also, while this year's central bank interest rate hikes are driving risk repricing in financial markets, higher interest rates could offer a silver lining for insurers in the medium-term. Together with Andreas Berger, Swiss Re Corporate Solutions Chief Executive Officer and Jérôme Haegeli, Swiss Re Group Chief Econoomist, we explored the latest forecast from our sigma research and discussed the implications for our industry. |
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