Wednesday, April 20, 2016

Fitch: Pricing in Italian Motor Insurance to Improve; Exposure to Banks Manageable

(The following statement was released by the rating agency)

Link to Fitch Ratings' Report: Italian Insurance Dashboard -

Market Update

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=880335

LONDON, April 20 (Fitch) Fitch Ratings says that it expects the

profitability of

Italian non-life insurers to remain stable in 2016, with higher

motor premium

rates offsetting higher claim costs, and continuing positive

underwriting

performance in non-motor lines.

In the Italian li

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