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Moody's: European Insurers' 6 Mo. Results Remain Strong

European insurers' underlying performance remained strong for the first half of this year despite their recent setbacks in the capital markets, according to a report released by Moody's Investors Serv

By Staff Writer | Updated on August 19, 2008

European insurers’ underlying performance remained strong for the first half of this year despite their recent setbacks in the capital markets, according to a report released by Moody’s Investors Service.

Moody’s said that thanks to insurers’ improved asset risk hedging, the industry remains relatively robust overall with no credit rating impact to date for European insurance groups.

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