Rising inflation in Europe set to hurt profitability of insurers: GobalData
Reinsurance News - Aug 23, 2022
According to GlobalData, rising inflation in Europe, which jumped to 8.9% in July 2022, the highest in the last 25 years, will hurt the profitability of general insurers over the next two years. Premium growth is expected to be slower as rising inflation will impact the ability of policyholders to p...
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