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The Organization for Economic Co-operation and Development has raised its global growth forecasts for 2023 and 2024 | According to its interim economic outlook, global growth is expected to reach 2.6% in 2023 and 2.9% in 2024, thanks to slowing inflation and the fund’s reopening. China. however, Organization for Economic Co-operation and Development He warned that the economic recovery remains fragile due to the significant difficulties faced by some banks. The Organization for Economic Co-operation and Development published these new projections instead The banking sector crosses a calamityit is estimated thatraise interest rates “It could still reveal financial vulnerabilities related to high leverage and the overvaluation of certain assets.” The organization also indicated that Sudden changes in market interest rates It can highlight the duration risks inherent in the business models of financial institutions.
OECD raises growth forecasts for 2023 and 2024 https://t.co/54p5MAPwqJ
– echo (lecho) March 17, 2023
No. Today 454 million euros | groupama declare a Net profit decreased by about 8% in 2022Reach 454 million euros Despite the unfavorable economic climate, which was marked by a sharp recovery in economic inflation, an unprecedented rise in interest rates and the severity of climate catastrophes unprecedented in history. However, turnover increased by 4.3% compared to the previous year, and reached 15.9 billion euros. Groupama was able reduce breakage Thanks to the “extremely protective” reinsurance policy for climate claims, even if 2022 will be a costly year for reinsurers, causing them to increase their rates and reduce their coverage. Despite this, Groupama will not, on average, increase its prices more than its calculated inflation index INSEEThis is in accordance with the commitment of the profession. However, the insurance company expects a significant increase in its exposure in the future, which could lead to worse results if the intensity and frequency of claims observed in 2022 continues.
Groupama Limits Damage In 2022 With Net Profit Down 8% #afp https://t.co/D0v3cDjzaG
– Wire Bank (wireBank) March 17, 2023
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