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2020 economic and industry outlook : second quarter perspectives

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      <subfield code="a">2020 economic and industry outlook</subfield>
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      <subfield code="a">The emergence of the Covid-19 pandemic has radically altered the prospects for world growth and insurance markets. The contagion process, together with the imposed suppression measures, produces demand, supply and financial effects that will cause a global recession of close to -3% of GDP in the best of cases, with the Eurozone as the region where the effect may be greater and Latin America where the risk of becoming a depression is more relevant given its vulnerabilities. In our base scenario, however, the measures taken and the nature of the virus will give way to a recovery during 2021 that we also expect will translate into consumption and demand for financial services in general

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      <subfield code="a">Pandemias</subfield>
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      <subfield code="a">Análisis económico-financiero</subfield>
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      <subfield code="a">Perspectivas económicas</subfield>
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      <subfield code="t">Panorama económico y sectorial 2020 : perspectivas hacia el segundo trimestre</subfield>
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