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.

Insurance, Results, P&C, Life Insurance, Europe, North America

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