Global Insurance Outlook 2013

As we enter 2013, the global insurance industry has never faced such a combination of turmoil, economic uncertainty and opportunity.

Although the US Congress agreed to a deal that effectively softens the “fiscal cliff” (and several European countries are evading bankruptcy), relief may be only temporary–with a decline in consumer savings still a looming concern. This can be countered somewhat by consumers taking greater personal responsibility for their families’ financial well-being as trust reduces in national governments to protect them. Read more