The European insurance market is continuing to enjoy a period of stability and profitability, according to a new Standard & Poor's report.
But possible clouds on the horizon include the U.S. hurricane season and further mergers and acquisitions activity, said London-based S&P analyst Hans Wright, the author of the report.
While failures are not expected, further large losses because of U.S. storms would create both winners and losers, despite a strengthening of rates over the past couple of years.
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