Navigating global growth in challenging times
While global economic growth seems to be on a decelerating trend, it's far from uniform.
Advanced economies are grappling with deceleration, whereas emerging markets are pulsating with potential. This disparity requires institutions to re-strategize their global footprint.
Banking: Banks need to reconsider their geographic portfolios, potentially leaning into emerging markets, where banking infrastructure and services might still be nascent, but the appetite is robust.
Insurance: Insurers must adapt to the varying risk profiles presented by divergent economies. There’s an opportunity to innovate with products tailored to emerging markets, which often come with unique challenges and demands.
