An article from Insurance Business Mag.
The world economy regained macroeconomic resilience in 2021, but ongoing impacts make the recovery fragile, according to a new report from Swiss Re Institute.
In 2021, the global economy saw a cyclical rebound from the COVID-19 pandemic, resulting in greater capacity to respond and quickly recover from a crisis, the report found. However, the full impact of slowing growth, high inflation and global geopolitical tensions this year may throw a spanner into the resilience recovery.