Europe – Operating insurance environment deteriorates in 2017
Thursday, 03 30 2017, Category: Insurance and Reinsurance, Country: Europe
The pressure and risks faced by insurers in Europe are increasing further in 2017, pressuring profitability and return on capital, according to China-based credit rating agency.
"We consider 2017 for the European insurance industry to be more challenging than 2016, underpinned by highly uncertain, volatile and difficult operating environment, with weak economic growth, amplified political risk, and increased regulatory burden." said Linas Grigaliunas, head of insurance at Dagong Europe.
Source: Intelligent Insurer