Why an economic crisis is not always a business crisis

This session looks at various economic crises over the last 30 years. Based on the presenter’s personal business experiences crises which have affected his personal and business life, tries to show that an economic crisis does not necessarily lead to a business crisis.

This video also looks at the 1992 ERM crisis, the global financial crisis of 2008/2009, the Covid pandemic and the crisis caused by the recent Liz Truss/Kwasi Kwarteng’s mini-budget.

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Learning objectives:

• For “beginners” or less experienced viewers, a better understanding of some economic terms and by discussing historical events such as the ERM & GFC crises.
• A better understanding of probable future events and how they don’t necessarily spell disaster for their business careers.
• For more experienced viewers, perhaps a different perspective about how these crises affected an insurance business.