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European insurers' outlook still negative
01 September 2010
European insurers' first half reporting data, which represented a continuation of sales and profitability levels witnessed during 2009, combined with the challenges faced by these insurers for the remainder of 2010, reinforce the negative outlook on the wider European insurance industry, according to Moody's Investors Service.
European insurers' first half reporting data, which represented a continuation of sales and profitability levels witnessed during 2009, combined with the challenges faced by these insurers for the remainder of 2010, reinforce the negative outlook on the wider European insurance industry, according to Moody's Investors Service.
The negative outlook is driven by the rating agency's concerns on the ability of European insurers to restore profitability...
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