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GAAP.RUNewsEuropean insurers recovering easier than banks - E&Y

European insurers recovering easier than banks - E&Y

Publication date: 16 February 2010

European insurance companies are recovering from the financial crisis with fewer losses than banks – states the overview of European insurance sector in 2010 by Ernst & Young’s international department for insurance-related services.

European insurance companies are recovering from the financial crisis with fewer losses than banks – states the overview of European insurance sector in 2010 by Ernst & Young’s (E&Y’s) international department for insurance-related services, but at the same time insurers are facing new challenges of “Solvency II” and other regulatory changes.