2019 economic and industry outlook: third quarter perspectives
The report highlights the unequivocal signs of change in the economic cycle, the shift in global monetary policy, and its effect on flows, emerging currencies and exchange rates. The base scenario has slightly stressed from the effects of the trade war, but projected growth for 2019 overall continues to pivot around the global potential (3.3 percent). Likewise, the report highlights that the slowdown in global economic activity will wind up transferring to the insurance premium dynamic. More accommodating monetary policy measures could soften the impact on the insurance business, although they will negatively affect the Life savings and Annuities products.