July 25, 2014
ISSUE 1 – SEPTEMBER 2013
Douglas Lum, Managing Director, Life Reinsurance Operations
Although the markets are showing signs of recovery since the financial crisis from 2008, there continues to be the looming uncertainty of the full recovery of the global economies. Europe is still not out of the woods with sovereign debt issues, and the ability for the troubled EU countries to fulfill their obligations in the future is questionable. Is the US quantitative easing program working and when will come to an end? Will the US policymakers agree to raise the debt ceiling and to what level?