close

policy

We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Agree
Disagree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Gender
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

 
 
Latest News

Brace yourself: Grim forecast for 2012, says World Bank

Brace yourself: Grim forecast for 2012, says World Bank

The World Bank sharply cuts global economic growth forecast, seeing "real" risk of a slump like 2008/09. And it looks like it’ll be worse for developing countries

0

January 18, 2012 3:14 by



High-income countries have prime responsibility for preventing a crisis, the World Bank said, but “developing countries have an obligation to support that process both through the G20 (Group of 20 rich and developing countries) and other international fora.”

Among other things, developing countries “could help by avoiding entering into trade disputes and by allowing market prices to move freely.”

It also said developing-country governments should start contingency planning to identify spending priorities and to try to shore up safety net programs. Those contingencies should take into account possible drops in commodity prices and a fall in capital inflows, the World Bank said.

The World Bank forecast is lower than ones from the International Monetary Fund and the Organisation for Economic Co-operation and Development, who last officially updated their numbers in September and November, respectively.

The IMF, which has said it expects to cut its forecasts had predicted world growth of 4.0 percent in 2012, while the OECD had pencilled in 3.4 percent. (Reporting By Glenn Somerville and Lucy Hornby; Editing by Chizu Nomiyama and Neil Fullick)



Pages: 1 2

0

Tags: , , , , ,

Leave a Comment