Magazine date:
Jan 2023 
Moody's has maintained a stable outlook for the European life insurance market [4]. Analysts believe that rising interest rates would support life insurers' profit margins and capital.
The rapidly increasing interest rates in European countries allow insurance companies to invest at higher rates. This upward trend seems to be beneficial for the life insurance industry, especially for traditional savings products.
However, the rating agency's outlook for the non-life market remains negative, as the sector's players are still exposed to high inflation.