Emerging Asia is becoming less shock prone, this along with enhanced economic credibility lowering long-term volatility of growth, inflation and interest rates, is making the region more attractive for insurers and investors alike, according to a recent report by the Swiss Re Institute.
Emerging economies, especially in Asia, are experiencing rapid growth and have made significant progress on disinflation in 2023. They are expected to outperform the rest of the world in terms of real GDP growth in the second half of 2023 and into next year.
