Event Details Home Events Event Details ALL EVENTS WSG Insurance/Re-Insurance Group: Impacts of Inflation in the Insurance Market When: 29 June 2022Type: Virtual The WSG Latin America Insurance/Re-Insurance Group hosted a presentation on the chain of events that lead to the drastic inflation in the Mexican insurance market. OVERVIEW ATTENDEES CONTACT US Overview WSG Insurance/Re-Insurance Group: Impacts of Inflation in the Insurance Market The WSG Latin America Insurance/Re-Insurance Group hosted a presentation on the chain of events that lead to the drastic inflation in the Mexican insurance market. View Presentation Webinar Takeaways Throughout 2021, the effects of the pandemic and the new variants of COVID-19 greatly impacted the Mexican economy, affecting the savings levels of economic agents. This coupled with high unemployment led to a decrease in the GDP, which in turn impacted several areas of the Mexican insurance sector. To date in 2022, the Mexican economy has shown recovery versus the previous year, mainly due to exportation. However, as post-pandemic uncertainty continues, and with the conflict between Russia and Ukraine impacting several commodities, generating increases in interest rates and investment risk, the expansion of global inflation continues. Inflation has been increasing gradually since the beginning of 2021, and the impact in the insurance sector has been devastating. SPEAKERS: Daniel Antonio Seoane Partner Beccar Varela Pedro Said Nader Partner Basham, Ringe y Correa, S.C. Hosted By:
ALL EVENTS WSG Insurance/Re-Insurance Group: Impacts of Inflation in the Insurance Market When: 29 June 2022Type: Virtual The WSG Latin America Insurance/Re-Insurance Group hosted a presentation on the chain of events that lead to the drastic inflation in the Mexican insurance market. OVERVIEW ATTENDEES CONTACT US Overview WSG Insurance/Re-Insurance Group: Impacts of Inflation in the Insurance Market The WSG Latin America Insurance/Re-Insurance Group hosted a presentation on the chain of events that lead to the drastic inflation in the Mexican insurance market. View Presentation Webinar Takeaways Throughout 2021, the effects of the pandemic and the new variants of COVID-19 greatly impacted the Mexican economy, affecting the savings levels of economic agents. This coupled with high unemployment led to a decrease in the GDP, which in turn impacted several areas of the Mexican insurance sector. To date in 2022, the Mexican economy has shown recovery versus the previous year, mainly due to exportation. However, as post-pandemic uncertainty continues, and with the conflict between Russia and Ukraine impacting several commodities, generating increases in interest rates and investment risk, the expansion of global inflation continues. Inflation has been increasing gradually since the beginning of 2021, and the impact in the insurance sector has been devastating. SPEAKERS: Daniel Antonio Seoane Partner Beccar Varela Pedro Said Nader Partner Basham, Ringe y Correa, S.C. Hosted By:
