'There will be gaps in cover' at 1.1 renewals - Allianz' Chris Townsend

Allianz Re,  December 12, 2022

"If you think about the macro picture overall, it's obviously a really challenging environment right now - you've got this sort of trifecta of low growth now globally, rampant inflation, and fast-rising rates, you couple that with a lot of the geopolitical tensions around the world, and it all underpinned by climate change."

Christopher Townsend, Member of the Board of Management, Allianz SE

 

 

 

 

Reproduced with permission of Insurance Asia News, December 2022

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