The United Arab Emirates and Indonesia should be strong life insurance markets over the next nine years, and Western Europe will probably be weak.
Michael Menhart, the chief economist of Munich Re, made those predictions last week in a look at how the reinsurer expects world insurance markets to perform from now through 2025.
Munich Re's expectations about world insurance markets could have a direct effect on how well some insurers and insurance markets do, because the company's views could shape how it allocates its reinsurance capital and insurance operations expertise.