Inflation will pressure profits for Belgium’s P&C insurers, Moody’s warns

Sarah JollyApril 12, 2023
Brussels, Belgium. Grand Place. Market square surrounded by guild halls.
Brussels, Belgium. Credit: Shutterstock/emperorcosar

Belgium’s property/casualty insurers are expected to record lower underwriting profitability amid inflation and rising costs, according to ratings agency Moody’s, which assigned the sector a negative outlook.

Moody’s said ...

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Sarah JollyApril 12, 2023
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