Business Insurance

… in recent days, the Comité Européen des Assurances (CEA) has issued a statement proclaiming the relative health of the European insurance industry. CEA Director General, Michaela Koller, said in the statement that “Europe’s insurers have diversified income streams with … term and “unlikely to be overly affected by short-term liquidity concerns.” Ms Koller acknowledged that European insurers had been affected by the general global fall in equity prices and by exposures to writedowns in some sectors. …

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