NU Online News Service, June 8, 1:40 p.m. EDT
NEW YORK—The established insurance markets in Western European countries and the developing markets in Latin American countries present separate sets of challenges for insurers looking to grow in these regions, but unique opportunities exist for those who understand and take advantage of the different business environments, regional experts say.
For Western European countries, slow domestic growth means that there are opportunities for foreign companies to link into a presence in European insurance markets, said Karin Clemens, managing director and lead analytical manager of European Insurance Ratings for Standard & Poor’s Ratings Services at the company’s annual insurance conference held earlier this week.
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