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Rating agencies maintain pressure on European insurers

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Magazine Issue: 
2013, a year of transition [3]
Magazine date: 
Jan 2013
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.

Fri, 29/03/2013 - 12:29

Source URL: https://www.atlas-mag.net/en/article/rating-agencies-maintain-pressure-on-european-insurers

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[3] https://www.atlas-mag.net/en/issue/2013-a-year-of-transition