TNPSC Thervupettagam

Global Economic and Insurance Outlook

September 10 , 2022 811 days 621 0
  • Swiss Re Institute released this report.
  • India will be 6th largest insurance market by 2032 from 10th largest in 2021.
  • The life insurance premiums in India are set to cross USD 100 billion for the first time in 2022.
  • Inflation and monetary policy tightening are driving long-term sovereign bond yields higher.
  • It is with markets pricing in both higher real yields and inflation expectations.
  • The insurers will over time benefit from higher investment returns that will help offset the higher claims cost.

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