Delivering a keynote speech at the 29th Federation of the Afro-Asian Insurers & Reinsurers (FAIR) General Assembly in Mumbai, India, earlier this week, Hitesh R. Joshi, Executive Director at Indian reinsurance company GIC Re, said that re/insurance is key to the UN’s Sustainable Development Goals (SDGs) as he underlined the need for resilient growth.
Ahead of a busy day of discussions and panels dedicated to the Afro-Asian insurance and reinsurance sectors, GIC Re’s Joshi delivered an insightful keynote, which focused on his belief that emerging markets and resilient growth will be the dominate theme for the foreseeable future.
“The story of this century will be written by emerging markets and Africa. Emerging economies will take centre stage due to their key role in driving global growth. And given emerging challenges, growth will have to be resilient. Given the challenges caused by climate change, we need to calibrate growth measures and trajectory through responsive, inclusive and sustainable growth, which will ensure resilience,” he said.
FULL ORIGINAL PUBLICATION HERE