Stable outlook for global insurance brokers from Moody’s

The nascent economic recovery and sound broker business model underpins Moody’s stable 2021 outlook for global insurance brokers. The ratings agency said: “The recovering economy and rising P&C rates support a stable outlook. We expect G20 economies to contract by 3.8% collectively in 2020, followed by growth of 4.9% in 2021 and 3.8% in 2022. The recovery hinges on the…

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