European Insurers Face Difficult '09

Jones, Marc
March 2009
Best's Review;Mar2009, Vol. 109 Issue 11, p13
Trade Publication
The article focuses on the findings of a market outlook report from Ernst & Young LLP which say that Europe's insurance companies are facing many difficulties in 2009. The report sites the ongoing financial crisis as the biggest challenge for insurance companies, which led to rising unemployment. Moreover, the report reveals that falling property prices and recessionary conditions will affect commercial insurance.


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