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

May 19, 2021

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.

Buffett’s Berkshire buys a $943 million stake in Aon

May 18, 2021

At Berkshire’s May 1 annual meeting, Buffett said his Omaha, Nebraska-based company would like to spend $70 billion or $80 billion, but would probably not get a chance until the market offered better values.

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