The last two years have been turbulent for insurance companies: The aftermath of the COVID-19 pandemic effectively reconfigured a good portion of the global economy and contributed to an unanticipated jump in inflation that is just now receding, and the Ukraine war--as well as the conflict in the Gaza Strip--has increased geopolitical instability. The impact of these events has caused their potential liabilities to increase at the same time that investing has become more complicated.
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