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CEE-Region Remains Essential for Austrian Insurance Companies
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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.
Regarding the new liquidity rules (Solvency II), the experts regard Austrian…
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