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Jul 19, 2019 · Following the global financial crisis, overall current account surpluses and deficits fell sharply from about 6 percent of global GDP in 2007 to about 3.5 percent in 2013. Since then, as shown in our new External Sector Report, global current account imbalances have declined only slightly to 3 percent of world GDP in 2018, while rotating toward ...
- Two Key Factors Impacting Property Rates
- Accurate Valuations Are Everything
- An Emphasis on Protecting Property and Equipment
- Property Risk Engineering at Its Finest
The first piece of the equipment protection puzzle is the need to understand exactly what is affecting property rates and, consequently, pricing. Verisk’s 2024 Global Modeled Catastrophe Losses reported that the average annual loss from global natural catastropheshas reached a new high of $151 billion. In the past five years, the actual annual insu...
Another element businesses have to understand is that accurate valuation of property goes a long way in managing the cost of equipment breakdown. Even with rates showing a slow decline, it’s essential to have accurate values for property, including equipment value. “Regardless of whether the rate is two cents or ten cents, the starting point — the ...
Technology is enabling property owners to place a larger emphasis on protection. The unpredictability of hurricanes, earthquakes, wildfires and other Nat CATs can’t be controlled, but technology offers some control over their impact. Advanced weather modeling, wildfire modeling, drone inspections and other innovations help to predict and assess dam...
Effective risk management makes clients better, which ultimately improves their overall risk profile. At AXA XL, the team takes this philosophy and brings it into everything it does. It’s not about a transaction; it’s about maintaining relationships with customers in order to best protect them. “When we commit to a piece of business, we aim to main...
Sep 24, 2024 · The cost-of-living crisis, tightening financial conditions in most regions, Russia’s invasion of Ukraine, and the lingering COVID-19 pandemic all weigh heavily on the outlook. Global growth is forecast to slow from 6.0 percent in 2021 to 3.2 percent in 2022 and 2.7 percent in 2023.
Jan 9, 2024 · Global growth is expected to slow to 2.4 percent in 2024—the third consecutive year of deceleration—reflecting the lagged and ongoing effects of tight monetary policies to rein in decades-high inflation, restrictive credit conditions, and anemic global trade and investment.
- Projections Table. Download Data.
- Chapters in the Report. Global Prospects and Policies. The slowdown in global economic activity is broad-based and sharper-than-expected, with inflation higher than seen in decades.
- Statistical Appendix. Statistical Appendix: Data assumptions, conventions, and classifications. Statistical Appendix A: Key Global Economic Indicators. Statistical Appendix B
- GDP Growth. DataMapper. Disclaimer: The boundaries, colors, denominations, and any other information shown on the maps do not imply, on the part of the International Monetary Fund, any judgment on the legal status of any territory or any endorsement or acceptance of such boundaries.
Jun 12, 2024 · The map below compiles data on economic growth over one hundred countries around the world, mainly those that report quarterly data to the International Monetary Fund (IMF).
Dec 16, 2020 · Global Competitiveness Report Special Edition 2020: How Countries are Performing on the Road to Recovery. The Global Competitiveness Report series has since its first edition aimed to prompt policy-makers beyond short term growth and to aim for long-run prosperity.