Resilience index 2024 : encouraging resilience gains, but more is needed

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      <subfield code="a">The world economy gained resilience in 2023, as higher growth and interest rates replenished countries' fiscal and monetary buffers, and the impact of shocks, such as the war in Ukraine and inflation surge, subsided. Insurance resilience either increased or was stable across the four perils we track of crop, natural catastrophe, health, and mortality. This reflected a general focus on the shock-absorbing role of insurance for households, farms, and businesses. In 2023, we saw signs of individuals and policymakers worldwide recognising the benefit of higher insurance protection and taking steps to increase insurance coverage, and hence resilience</subfield>
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