Any big new round of tariffs could have a big effect on builders and retailers — and life insurance and annuity issuers.
Analysts at the Swiss Re Institute have put that warning in their latest annual review of the world's insurance markets.
Swiss Re is an insurance company for insurance companies. It helps the "direct writers" understand and manage risk. Its analysts warned everyone about how expensive an event like the COVID-19 pandemic could be years before COVID-19 showed up.
Now, the analysts are warning that countries' efforts to impose high import taxes on each other could cause indirect effects on financial services companies.
For a look at four, see the gallery accompanying this article.
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