Allianz Global Insurance Report 2020: Skyfall

In 2019, global insurance premiums increased by 4.4% to EUR 3,906bn – clocking the strongest growth in four years. 2020 will be different: Premium income is expected to shrink by 4.7% in Western Europe and by 3.8% globally – compared with the pre-Covid-19 trend, around EUR 360bn in premiums will have gone missing
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Allianz Economic Research
Dr. Lorenz Weimann

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