-

Best's Market Segment Report: AM Best Maintains Negative Outlook on Italian Life Insurance Segment

AMSTERDAM--(BUSINESS WIRE)--AM Best has maintained a negative market segment outlook on the Italian life insurance segment.

In a new Best’s Market Segment Report, “Market Segment Outlook: Italy Life Insurance”, AM Best explains that the current challenging economic environment is likely to remain a significant headwind for Italian life insurers in 2021, given their elevated investment risk profile. The segment’s low guaranteed rate levels, stable position in the savings market and shift toward capital-light products help offset these headwinds.

To access a complimentary copy of this market segment report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=307934.

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2021 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Pierre Tournier
Associate Director, Analytics
+31 20 308 5423
pierre.tournier@ambest.com

Lucio Savastano
Associate Financial Analyst
+31 20 308 5430
lucio.savastano@ambest.com

Richard Banks
Director, Industry Research – EMEA
+44 20 7397 0322
richard.banks@ambest.com

Edem Kuenyehia
Director, Market Development & Communications
+44 20 7397 0280
edem.kuenyehia@ambest.com

Industry:

AM Best

Release Versions
EnglishItalian

Contacts

Pierre Tournier
Associate Director, Analytics
+31 20 308 5423
pierre.tournier@ambest.com

Lucio Savastano
Associate Financial Analyst
+31 20 308 5430
lucio.savastano@ambest.com

Richard Banks
Director, Industry Research – EMEA
+44 20 7397 0322
richard.banks@ambest.com

Edem Kuenyehia
Director, Market Development & Communications
+44 20 7397 0280
edem.kuenyehia@ambest.com

More News From AM Best

AM Best Affirms Credit Ratings of Chubb Seguros Panama S.A.

MEXICO CITY--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Rating of “aa+” (Superior) of Chubb Seguros Panama S.A. (Chubb Panama) (Panama City, Panama). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Chubb Panama’s strategic importance as a subsidiary of Chubb Limited (Chubb), which on a consolidated basis has a balance sheet strength that AM Best assesses at the strongest level, as well as its...

AM Best Affirms Credit Ratings of Chubb Limited and Its Subsidiaries

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of the grouped subsidiaries of Chubb Limited (Chubb) (Zurich, Switzerland) [NYSE: CB]. These include Chubb’s rated U.S., Canada, Bermuda, Europe and Panama-based insurance and reinsurance subsidiaries (collectively Chubb Group of Insurance Companies, or Chubb Group). Concurrently, AM Best has affirmed the Long-Term...

AM Best Affirms Credit Ratings of Barents Re Reinsurance Company, Inc. and Its Affiliate

MEXICO CITY--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Barents Re Reinsurance Company, Inc. (Barents Re) (Cayman Islands) and its affiliate, Barents Reinsurance S.A. (Barents Re Lux) (Luxembourg). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Barents Re’s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, ne...
Back to Newsroom