Centro de Documentacion de Fundación MAPFRE - European insurers : the moment before the moment

MAP20211000867

European insurers : the moment before the moment / A.M. Best Company. — New Jersey : A.M. Best Company, 2020

8 p. . — (Best's Market Segment Report ; December 21, 2020)

Sumario: AM Best's ranking of the 30 largest European insurers based on 2019 gross written premium (GWP) presents the picture as it stood before the onset of the COVID-19 pandemic and the subsequent financial market volaility and accompanying economic downturn that followed in its wake. The pandemic will also afffect the profitability of non-life insurers in 2020, with the impact greatly depending on the lines of business written. Insurers for which motor business dominate will see a positive effect on technical performance due to lower claims frequency during the periods of lockdown and semi-lockdown that took place in most European countries throughout 2020. On the other hand, commercial lines insurers are likely to see a hit to underwriting profitability, in particular from non-property damage business interruption claims in some European countries. While the final outcome of COVID-19 lockdown-related claims is still highly uncertain, the severity is expected to be manageable

1. Mercado de seguros . 2. Perspectivas del seguro . 3. Grupos aseguradores . 4. Reclamaciones . 5. COVID-19 . 6. Pandemias . 7. Ranking . 8. Europa . I. A.M. Best Company . II. Best's Market Segment Report ; December 21, 2020 . III. Title.