SVV: Insurance companies will experience the shocks of US tariffs as a mirror of the economy as a whole

SVV Chief Economist Jan Schüpbach on economic side effects of tariffs and an underrated wave effect right into the insurance world.

According to Donald Trump's Zoll-Hammer, the world's stock exchanges are in free fall. Under the new US trade policy, insurers will also suffer and probably pass on price increases to customers. The GDV explains which sectors are specifically affected. Trump's customs war also hits insurers first appeared on insurance industry today.

The tariffs imposed by US President Donald Trump on imports into the US, including cars, also affect the business of European insurers. If they do not tax them with premium increases, their injury rates could rise. This is shown by analyses by Swiss bank UBS. The German insurers' association GDV sees tariffs as burdening the growth of the entire insurance industry.