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Better non-life insurance outcomes mark sector’s vital role

September 12, 2023

Stronger profitability will enable the non-life insurance industry to increase capital and capacity to match growing demand as risks evolve, according to a new study by Swiss Re Institute.

The non-life insurance sector is swiftly adapting to a new era of higher interest rates, driven by the most significant monetary policy tightening since the 1980s. Research indicates that 2023 is a transitional year characterized by an enhanced global profitability landscape in non-life insurance.

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