Stable outlook for Italian insurance sector, says Moody’s

Robust earnings, moderate premium growth in property and casualty insurance, and a favourable shift in the business mix for life insurers, has led Moody’s Investors Service to maintain a stable outlook for the Italian insurance industry. “The macroeconomic environment for Italian insurers remains challenging, as reflected in low economic growth and flat unemployment,” said Christian Badorff, a vice-president at Moody’s.…

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