15 November 2016Insurance

Profitability of P&C insurers to decline faster than of life carriers

In the absence of management actions, P&C (property/casualty) insurers' profits will fall on average by 10% to 20% in three years, which represents a cumulative decline of €3-5 billion, according to Moody’s. Life insurance profits will generally decline at a slower pace.

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Profitability of P&C insurers to decline faster than of life carriers

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