Any industry or market reflects high uncertainty and, in order to survive and stay ahead of competition, new resources become highly necessary.

Despite low expectations and high uncertainty about the concept, the event proved to be an outstanding success, attracting over 300 people.

"The economic outlook remains subject to high uncertainty and substantial downside risk," he said.

The economic outlook continues to be subject to particularly high uncertainty and intensified downside risks.

"And that," Picard interpreted, "translated to a very high uncertainty of position."

Generally more contingency is needed for earlier estimates due to the higher uncertainty of estimate accuracy.

The economic outlook remains subject to high uncertainty and substantial downside risks.

He adds that "substantial downside growth risks" still exist, and there is an "environment of high uncertainty".

The lack of predictability creates high uncertainty that, in turn, produces anxiety.

This is especially important in the general insurance sector, where the claim severities can have high uncertainties.