Insurers should fasten their seat belts, because it could be a bumpy ride ahead when it comes to global economic trends and emerging exposures in 2015.
That was the key takeaway for me from a recent briefing delivered by Daniel Franklin, editor of “The World in 2015,” published by The Economist.
In my next blog, I'll focus specifically on Deloitte's own outlook when it comes to the big picture trends insurers should be addressing not just this year, but for the rest of the decade. In the short term, the stage is set for insurers to see topline growth in 2015, at least here in the United States, where GDP is on the rise and the labor market is strengthening. That should translate into more insurable exposures for carriers to cover, boosting premium volume (but not necessarily profitability) along with it.
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