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The insurance business appealing for GAFAMs
Insurance is a huge market which, according to estimates, will total nearly 6600 billion USD in turnover by the end of 2020, including 3500 billion USD for non-life insurance and 3100 billion USD for the life class of business.
Insurance: the net giants are on the lookout
It looks like Internet giants and insurance companies are meant to be on a collision course, with the former standing as young companies, some of them only 20 years old, while the latter being sometimes over 100 years old.
GAFAMs' market capitalization
The market capitalization of GAFAMs is colossal. Despite the inexperience of the entities that make it up, this capitalization is close to or even exceeds 1 000 billion USD per company.
The 180th issue of Atlas Magazine is online
The 180h issue of Atlas Magazine is online. Read the contents and access the magazine for free.
Top 10 global reinsurers in 2020 according to turnover
Top 10 insurers in 2020 according to turnover
Mauritius insurance market
Sovereign ratings during the Covid-19 period
The Covid-19 pandemic led to more than 70 sovereign rating downgrades mainly affecting African and Latin American countries. In Eastern Europe and Central Asia, the number of rating upgrades exceeds the number of downgrades during the 2019-2020 period.
Impact of Covid-19 on reinsurers ratings
In May 2020, Standard & Poor's put the reinsurance sector on a negative outlook. This decision follows an increase in claims and a possible deterioration in the loss ratio, two factors that inevitably impact reinsurers' profitability.
Rating agencies and insurers up against Covid-19
The health and economic crisis has not spared the insurance sector as it inflicted severe damage on the business in terms of turnover, claims experience, financial results and solvency ratios.

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