Challenging times for Italian insurers
According to US-based rating agency A M Best, Italy’s political instability and financial volatility will pose challenges for the domestic insurance sector in 2017.
In a new briefing from A M Best, entitled Political Instability and Financial Volatility Remain Key Headwinds for Italian Insurers, the agency states that political and financial market uncertainty has implications for the Italian insurance sector, principally due its exposure to the country's government bonds.
The research also states that the Italian economy is facing an environment of low growth and stagnant productivity, in addition to rising debt levels.
You can view a complimentary copy of the briefing here: http://www.bestweek.com/europe/promo/ItalianInsuranceInstability.pdf