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Market segment outlook : Argentina insurance

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MARC record
Tag12Value
LDR  00000cam a22000004 4500
001  MAP20250013841
003  MAP
005  20250923093440.0
008  250922s20250203usa|||| ||| ||eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎219
1102 ‎$0‎MAPA20080441371‎$a‎A.M. Best Company
24510‎$a‎Market segment outlook‎$b‎: Argentina insurance‎$c‎A.M. Best Company Inc
260  ‎$a‎New Jersey‎$b‎A.M. Best Company Inc‎$c‎2025
300  ‎$a‎4 p
4900 ‎$a‎Best's market segment report‎$v‎February 3, 2025
5050 ‎$a‎Economic growth following the 2023 downturn -- Insurance industry growth has been marginal
520  ‎$a‎AM Best maintains a negative outlook for Argentina's insurance industry due to persistent macroeconomic volatility, high inflation, limited real growth, and unstable investment results. Following a 1.6% GDP contraction in 2023 caused by drought and economic imbalances, President Milei's austerity measures including subsidy cuts, currency devaluation, and deregulation led to a 3.9% GDP rebound by Q3 2024. Inflation, though still high at 118%, is slowing, prompting interest rate cuts and boosting exports. Despite signs of macroeconomic recovery and reduced country risk, ongoing volatility continues to challenge the insurance sector's financial stability and profitability
650 4‎$0‎MAPA20080586294‎$a‎Mercado de seguros
650 4‎$0‎MAPA20080600648‎$a‎Crecimiento económico
650 4‎$0‎MAPA20080551346‎$a‎Inflación
650 4‎$0‎MAPA20080600648‎$a‎Crecimiento económico
650 4‎$0‎MAPA20250000728‎$a‎Volatilidad en los mercados
651 1‎$0‎MAPA20080638139‎$a‎Argentina
7102 ‎$0‎MAPA20080441371‎$a‎A.M. Best Company
856  ‎$u‎https://www3.ambest.com/ambv/sales/bwpurchase.aspx?record_code=350959&AltSrc=108