CEE-Region Remains Essential for Austrian Insurance Companies

Professional ServicesInsurance ♦ Published: September 12, 2011; 17:08 ♦ (Vindobona)

According to a current market survey of Fitch, the CEE region plays a central role for domestic insurance companies. There is still growth potential.

CEE-Region Remains Essential for Austrian Insurance Companies / Picture: © Vindobona.org

For Fitch, growth perspectives in the CEE-region are still better than in Western Europe. The concentration of insurers is still relatively low. However, CEE-countries have a higher vulnerability to a global downturn. Moreover, the CEE-economies are still less stable than the most developed countries.

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