Best s Market Segment Report: AM Best Maintains Stable Outlook on Italian Non-Life Insurance Segment
AM Best has maintained a stable market segment outlook on the Italian non-life insurance segment. Key supporting factors include a projected recovery in premium volumes following a contraction in 2020 due to the effect of the COVID-19 driven economic slowdown, the expected maintenance of strong underwriting profitability, limited exposure to catastrophe losses and resilient risk-adjusted capitalisation.
A new
Best s Market Segment Report, Market Segment Outlook: Italy Non-Life Insurance , states that the Italian non-life insurance segment has adapted quickly to the new circumstances that have arisen following the COVID-19 pandemic, owing to its solid operating fundamentals has demonstrated resilience in a challenging macroeconomic environment. Nonetheless, AM Best could revise its outlook on the segment to negative if further weakening in the economic environment impacts the val
XP Founder to Step Down as CEO, Putting Tech Head in Spotlight
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
U S Jobs Report, Dovish Powell, Brazil Warning: Eco day
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Inflation, Political Woes Risk Brazil Rebound, Banker Says
Bloomberg 3/5/2021 Cristiane Lucchesi and Felipe Marques
(Bloomberg) Political rifts and escalating inflation in Brazil risk hampering the economic recovery, according to Jose Berenguer, the chief executive officer of Banco XP SA, the banking unit of XP Inc.
Popular Searches
“The situation is delicate,” Berenguer said in a virtual editorial board meeting with Bloomberg journalists. “The fact that the pandemic seems to be accelerating, the lack of vaccination, the political noise” all are weighing on the economy and the markets, he said.
Brazil is grappling with the worst phase of the Covid-19 pandemic so far while the Lower House of Congress has yet to vote on an emergency stimulus bill. Adding to the dire picture: The real is down about 8.5% this year, leading losses among major currencies, and annual inflation sped up to 4.57% in mid-February, past this year’s 3.75% target.