Market segment outlook : Peru insurance = Perspectiva del segmento del mercado : seguros en Perú

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      <subfield code="a">As the impact of the pandemic on Peru's economy continues to subside and econonüc growth recovers, the country still faces donmestic and global challenges. The disruptions in global supply chains and rising oil, gas, and grain prices have driven inflation to levels well above the central bank's target, while domestic political instability remains a challenge not only for the insurance industry but also for many insurance-related industries. The IMF expects GDP to grow around 3% in 2022 after substantial growth of 13.3% in 2021, following the 11% contraction in 2020 due to the pandemic. The implementation of public expenditure and sufficient fiscal and monetary policies are key for a sustainable recovery, particularly for domestic consumption and construction. </subfield>
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