Centro de Documentacion de Fundación MAPFRE - Market segment outlook : Italy non-life

Publication: New Jersey : A.M. Best Company, 2020Physical description: 5 p.Series: (Best's Market Segment Report ; May 13, 2020)Notes: Sumario: In Italy, the COVID-19 pandemic has resulted in significant and immediate economic and financial consequences. Balance is the non-life insurance sector have been affected by the widening of the spread between Italian and German 10-year sovereign bonds, which reached 320 basis point (bps) on 18 March, 2020, before narrowing again after the European Central Bank (ECB) announced a EUR 750 billion bond-buying programme (the pandemic Energency Purchase Programme). There has also been a widenning in corporate credit spreads and a substantial fall in the market value of Italian listed companies. AM Best notes that, while Italian insurers have a concentration in domestic exposure in their asset allocation, they are also exposed to volatile global financial markets.Materia / lugar / evento: COVID-19 Coronavirus Pandemias Seguros no vida Mercado de seguros Perspectivas del seguro Productos de seguros Rentabilidad Bonos Italia Otros autores: A.M. Best Company
Secondary series: Best's Market Segment Report ; May 13, 2020 Other categories: 32