NEWS Insurance & Welfare

When it comes to political risks, one stereotypically thinks of conflicts in emerging or frontier markets—wars in the Middle East; military coups, regime changes or territorial disputes in Asia and Africa; or election turmoil in Latin America. However, this perception no longer holds true, and the trend is shifting.

+
NEWS Insurance & Welfare

Italy's social security reform efforts indicate significant progress toward alleviating risks to the long-term sustainability of public finances due to population aging. Yet, we expect that the country's budgetary outlook will remain challenged, given the modest near-term economic growth outlook and the absence of a resolute reduction in the budget deficit and government debt.

+