General insurance firms’ creditworthiness will be hardest hit by inflation – Fitch

Inflation

The firm’s latest report further highlights that several European markets in addition to non-life could move to a status of ‘deteriorating’

Insurance sector outlooks in several European markets including non-life could move to “deteriorating” if high inflation and rising interest rates increase beyond predictions, warns Fitch Ratings latest report, published 15 September 2022.

Explore more news content here 

You need to register to continue reading the rest of this article and more for free.
(If you’re already registered, please sign in here.)

Register now

We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.

Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:

  • Top level access to our Five Star service ratings across our annual Personal Lines, Commercial Lines, eTrading and MGA reports.
  • A choice of daily and weekly email newsletters that suit you, to keep informed of news across the industry directly to your inbox.

As a subscriber you will benefit from unlimited access to our news and news analysis, magazine editions, special supplements, exclusive research reports and full access to the Five Star service rating microsites - view subscription options.