Spanish insurers maintain strong profitability - Fitch Ratings


The credit fundamentals of the Spanish insurance market are strong, with healthy profits both in the life and non-life sectors, robust capitalisation, and sound reserving and investment practices, rating agency Fitch Ratings said in a new report. It noted that Spain offers significant opportunities for growth given the insurance penetration rate of 5.5 percent, lower than in other developed economies.

Fitch Ratings, Non-life Insurance, Insurance, Reinsurance, Return on equity, Spain, Europe

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