S&P rates Finnish property/casualty insurance sector

Standard & Poor’s Global Ratings (S&P) has assessed industry and country risk for the Finnish property/casualty insurance sector as low. S&P said that strengths of the sector include a wealthy economy, with stable growth after recent turbulence, high barriers to entry, and improving underwriting profitability, mainly influenced by three major players. The rating agency pointed out that Finland’s wealthy economy…

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