Best's Market Segment Report: AM Best Revises Outlook to Negative for Italian Non-Life Insurance Segment
AM Best has revised its outlook for the Italian non-life insurance segment to negative from stable.
The Italian non-life insurance segment is returning to pre-pandemic levels of profitability, following an atypically profitable period shaped by the COVID-19 emergence. AM Best expects the challenging economic environment to be a significant headwind for Italian non-life insurers in 2022.
In a new Best’s Market Segment Report, “Market Segment Outlook:
Nonetheless, AM Best notes that the segment has demonstrated resilience over some years despite a challenging macroeconomic environment, owing to its solid operating fundamentals. AM Best may revise the outlook back to stable, if insurers also navigate the challenges of 2022 successfully.
To access a complimentary copy of this market segment report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=319269.
AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in
Copyright © 2022 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
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Source: AM Best
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