CEE-Region Remains Essential for Austrian Insurance Companies
According to a current market survey of Fitch, the CEE region plays a central role for domestic insurance companies. There is still growth potential.
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…