Rating agencies maintain pressure on European insurers

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The rating agency Standard & Poor’s (S&P) thinks that the insurance business is facing hardships that may compromise insurers’ short and mid-term rating. A pressure is therefore maintained on insurers.
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In an effort to justify its position, S&P has invoked a combination of factors such as slow economic activity, low interest rates and increasing sovereign debt-related risks. Moreover, Solvency II deferral has emphasized the atmosphere of distrust expressed toward insurers.

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Fri, 29/03/2013 - 12:29
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