Global Insurance Report 2021 - Bruised but not broken
While some regions, especially Asia, will almost seamlessly resume their pre-crisis development as early as 2021, the recovery elsewhere will be much more uncertain.
Massive state interventions helped prevent a significant wave of insolvencies in 2020, but watch out for a normalization from this paradoxical and artificial low, beginning in H2 2021 and gaining traction in 2022.
Germany's constitutional court: reincarnation under the climate veil of ignorance
In recognizing that the fiscal burdens from Germany’s ambitious climate policies pile up only after 2030, its Constitutional Court could spark a tectonic shift for future climate action.
Investment is back: Harder, better, faster, stronger?
In the short run, a demand catch-up and the reduction in spare capacities will drive a business investment recovery. But it could take up to four years to return to long-term growth trends.