Best's Market Segment Report: AM Best Maintains Negative Outlook on 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.
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