sigma 3/2013 - World insurance in 2012: Progressing on the long and winding road to recovery
2012 offered a very challenging environment to the global insurance industry as economic growth was slowing globally and Western Europe entered a recession. Nevertheless, the insurance sector continued its recovery, as global direct premiums written by private insurers grew by 2.4% in real terms. Daniel Staib briefly discusses the regional drivers of overall premium development using the data visualization tool www.sigma-explorer.com.
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