Economic and sector outlook 2017: First quarter update 2017
The positive economic momentum noted in the first quarter of 2017 anticipates a slight acceleration in global growth for this year, notwithstanding political and economic uncertainties that are analyzed in this quarterly review. This report updates the state of the economic landscape and its influence on the insurance market. Globally, there is an noticeable acceleration of business in the insurance industry, both in Life and non-Life, with emerging countries making a greater contribution than initially forecast. This growth is predicted to continue throughout 2017-2018, in both the developed and the emerging markets, with this last block leading on the pathway of growth.