European insurers : earnings down but regulatory solvency ratios remain strong

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<title>European insurers</title>
<subTitle>: earnings down but regulatory solvency ratios remain strong</subTitle>
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<namePart>A.M. Best Company</namePart>
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<dateIssued>2021</dateIssued>
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<abstract displayLabel="Summary">Ranking of the largest groups in Europe, in which it points to a drop, for the first time in several years, in the premium income of these 30 largest European Non-Life insurers. Last year they reported a turnover 0.7% lower than the aggregate figure of 2019. Although around two thirds of the companies analyzed had some type of growth in premiums, the general decrease is due to the impact of currency exchange between some of the greatest actors.
In any case, the agency highlights that the largest European Non-Life insurers continued to benefit from solid levels of mandatory solvency capital, with more than half of the 'Top 30' companies above 200%. The "strict" regulatory measures on the payment of dividends and the recovery of financial markets after the start of the pandemic justify maintaining the level of profitability</abstract>
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<title>Best's Market Segment Report</title>
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