Stagnating interest rates to hit insurance growth across Europe

11-02-2020

Stagnating interest rates to hit insurance growth across Europe

“A healthy economy is conducive to a healthy insurance industry,” according to Gonzalo de Cadenas Santiago, director of Macroeconomics and Financial Analysis at Mapfre. Economic deceleration is prevalent in the UK and Eurozone, prompting many authorities to adopt accommodative monetary policies to boost growth, causing interest rates to stabilise at relatively low levels. 


Insurance, growth, Eurozone, MAPFRE, life, non-life, Macroeconomics, Europe

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