A new Best’s Market Segment Report, titled, “Market Segment Outlook: Italy Life,” also cites an expected decline in premium volumes, and an increased risk of bond defaults due to deteriorating economic conditions, as negative trends.
The report notes that these factors are partially mitigated by the effective asset-liability matching in place across the industry, a generally healthy margin between investment income and average minimum guarantees on traditional life policies, and the sector’s ability to absorb a degree of financial market volatility due to buffers in solvency levels.
To access a complimentary copy of this market segment outlook, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=296010.
To view current Best’s Market Segment Outlooks, please visit http://www.ambest.com/ratings/RatingOutlook.asp.
AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in
Copyright © 2020 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
+31 20 308 5429
+31 20 308 5422
+44 20 7397 0322
+44 20 7397 0280
Source: AM Best