6. Jun 2024
Neu erschienen: „Die Welt von morgen“ von Robert Menasse
Rechtzeitig vor der bevorstehenden Wahl zum neuen Europäischen Parlament: Mit viel Sprachwitz und feinem Gespür für die ironischen Besonderheiten des Gebildes Europäische Union thematisiert Robert Menasse in seinem jüngsten Buch „Die Welt von morgen“ Vergangenheit, Gegenwart und Zukunft der europäischen Integration und plädiert für deren Fortsetzung im Sinne einer nachnationalen Demokratie. Erschienen ist das Werk bei Suhrkamp, eine ausführliche Rezension des Buches ist hier nachzulesen.
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Achieving sustainable margin recovery appears increasingly difficult for European insurers, as insurance premium increases are necessary to avoid erosion after costs surged to 10.9%.
According to McKensey, nominal interest rates will remain elevated in the foreseeable future as central banks look to get inflation under control. This is in sharp contrast to what we have seen over the past two decades, which have largely consisted of quantitative easing and ultralow nominal rates.
Despite a high number of natural disasters in 2023, the companies managed to reduce their exposure by setting higher coverage limits (see Largest Global Reinsurance Groups in the World).
They also benefited from recent substantial price increases. They strengthened their claims reserves to enhance financial stability in case of unexpected losses.
Life insurers have faced several challenges delivering growth and returns. In the past two decades, economies grew faster than insurance premiums, indicating insurers haven’t been growing at the same rate as the economies in which they operate.
In the United States and Europe, nominal GDP grew at a CAGR of 4% over the past 20 years, but premium growth grew at a CAGR of 2%. In Asia (excluding Japan), economies grew at a CAGR of 10 percent while premiums grew just 3 percent.
In sample of 40 European life and general insurers, the average acquisition cost-to-net earned premium ratio was 14.7% in 2023, slightly down from 14.8% in 2021.
Fascinating analysis of Menasse’s novel! I completely agree that the themes of globalization and national identity are crucial to understanding the current political landscape. buy house in gwalior
Rechtzeitig vor der bevorstehenden Wahl zum neuen Europäischen Parlament: Mit viel Sprachwitz und feinem Gespür für die ironischen Besonderheiten des Gebildes Europäische Union thematisiert Robert Menasse in seinem jüngsten Buch „Die Welt von morgen“ Vergangenheit, Gegenwart und Zukunft der europäischen Integration und plädiert für deren Fortsetzung im Sinne einer nachnationalen Demokratie. Erschienen ist das Werk bei Suhrkamp, eine ausführliche Rezension des Buches ist hier nachzulesen.
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