Marsh – The Global Risks Report 2018January 18 2018
Last year’s Global Risks Report was published at a time of heightened global uncertainty and strengthening popular discontent with the existing political and economic order. The report called for “fundamental reforms to market capitalism” and a rebuilding of solidarity within and between countries. One year on, a global economic recovery is under way, offering new opportunities for progress that should not be squandered: the urgency of facing up to systemic challenges has, if anything, intensified amid proliferating indications of uncertainty, instability and fragility.
- November 5
The APAC president says changes to limits and pricing are needed for regional players to thrive.
- April 10
Climate change, increased urbanisation and a growing concentration of assets were on the risk agenda for 2018.
- March 19
Economic uncertainty, more complex risks and tighter underwriting are all influencing Asia's markets.
- March 11
Life and health premium growth is expected to outpace GDP gains in eight Asian markets.
The year 2021 will be critical for insurers to ensure they are ready for new regulations set to arrive in 2023.