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Results 1 - 1 of 1 for karl lagerfeld

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  1. Business - INSURANCE

    Economic slowdown to hit Asian insurers hard

    Posted Aug 22nd 2012, 12:00am by Toh Han Shih

    ... suffered a severe downturn, Swiss Re chief economist Kurt Karl said. "That is a very hard landing for Asia." Karl assigns a 30 per cent probability to a severe European downturn, while ... downturn would occur in Europe if the euro collapsed and euro-zone countries went their own way, which would cause a 6 per cent GDP decline in the euro-zone economy, Karl said. Wong, however, said ...

    http://www.scmp.com/business/article/1020400/economic-slowdown-hit-asian-insurers-hard

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