European insurance outlook negative as COVID-19 further exacerbates financial challenges


As the coronavirus (COVID-19) outbreak continues to exacerbate existing solvency and profitability pressures, Moody's Investors Service has downgraded the outlook on the UK life and Italian life insurance sectors to negative from stable, while keeping an overall negative outlook on the European insurance industry.

Moody's Ratings, Coronavirus, Insurance, Reinsurance, Property & Casualty, Benjamin Serra, Europe

Intelligent Insurer