Zurich Insurance CEO on Outlook for Industry, Risks in 2021

The video discusses the economic recovery expected in 2021, driven by vaccines and prevention measures, with a focus on the US and Europe. It highlights the potential for a global and green recovery, the importance of US climate policy, and the challenges faced by the insurance industry due to pandemics. The video also addresses vaccination challenges, market predictions, and regional recovery differences.

What is the expected economic trend for the US and Europe in 2021?

• A recession

• A decline in economic growth

• A stagnant economy

• A stronger economic recovery

What significant step has the US administration taken regarding climate change?

• Rejoining the Paris Agreement

• Increasing fossil fuel production

• Exiting the Paris Agreement

• Ignoring climate change

What is a major concern for insurance companies post-COVID-19?

• Increased competition

• Cyber risks and future pandemics

• Lack of customers

• High operational costs

What is the role of public-private cooperation in addressing global risks?

• It is only needed for financial issues

• It is crucial for tackling global challenges

• It is unnecessary

• It is only needed for social issues

How should Europe address its competitive risk in vaccine distribution?

• By accelerating vaccine distribution

• By slowing down vaccine distribution

• By relying solely on natural immunity

• By ignoring vaccine distribution

What is the expected trend for interest rates in the near future?

• Significant increase

• Significant decrease

• Immediate normalization

• Low for long

What is the priority for financial markets in the second half of the year?

• Reducing insurance rates

• Strengthening the markets

• Decreasing GDP growth

• Increasing inflation