Wednesday 31 July 2013

Caribbean economies will recover

Ravi Tewari, Group President –Life, Health and Pensions

A top insurance executive is quite upbeat about a rebound in economies in the Caribbean.

He is insisting that once the major economies start to pick up, a lot more activity will take place, and tourism destinations of the region will do better.

Ravi Tewari, Group President of Life, Health & Pensions of the newly rebranded Guardian Group shared his views on the emerging economic trends in this country during an exclusive interview with Business Monday.

“I believe the Caribbean will recover quite strongly, but no one has a crystal ball to [know] when this will happen. I am positive when it does happen it will happen quickly,” he said.

“The economy in the Caribbean is not strong at the moment, but as Caribbean people we should not fall in the trap of extrapolating the current experience into the future. I think the economies all through the Caribbean should improve quickly, but we have become such a globalised environment [where] everything is interrelated,” he explained. (NB)

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