Centro de Documentacion de Fundación MAPFRE - Market segment outlook : Argentina insurance

Publication: New Jersey : A.M. Best Company Inc, 2025Physical description: 4 pSeries: (Best's market segment report ; February 3, 2025)Notes: Sumario: AM 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 profitabilityThis includes: Economic growth following the 2023 downturn -- Insurance industry growth has been marginalMateria / lugar / evento: Mercado de seguros Crecimiento económico Inflación Crecimiento económico Volatilidad en los mercados Argentina Otros autores: A.M. Best Company
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Rights: In Copyright (InC)

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