Category:

Eco/Invest/Demography

USA and China to lead global insurance industry’s growth in 2021: Allianz

the USA (+5.3%) and China (+13.4%) are likely to be the two growth engines. Following the sharp slump in the previous year, the recovery in the life segment (+5.7%) will be somewhat stronger than in the p&c segment (+4.2%).

The strong growth should continue in subsequent years, driven by the increased focus on sustainability and the further rise of the emerging markets.

Globally, average growth of over 5% over the next ten years appears possible.

read more

How Mumbai’s City Officials Made It More Covid-Ready Than Delhi

With a population of 16 million spread across glistening skyscrapers, apartment complexes and sprawling slums, Mumbai is the world’s second-most densely packed city, according to data from the United Nations. About 32,000 people are crammed in per square kilometer. That makes lessons from India’s financial capital particularly valuable as fears grow about outbreaks in other crowded places from Bangkok to Kathmandu.

read more