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Swiss Re’s Chief Economist on the State of the Global Economy
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The re/insurance industry is subject to the vagaries of the global economy, about which it can actually do very little. It can only mitigate some of the factors that directly affect it. Otherwise it can only abide the interesting times with which it is now faced. Knowing a bit more about the problems from people like Kurt Karl, Swiss Re's chief economist, helps to understand them. Here's his analysis of the situation.
