European insurers would need regulatory action to survive Greek default

greek flag

Special regulatory action would be required to prevent the insolvency of some European insurers in the event of a eurozone sovereign bond crisis that included a Greek default, according to a stress test by rating agency Fitch.

Although the agency made no changes to its ratings of European insurers as a result of the stress test, it singled out Portuguese insurer Occidental, London-based Amlin, Belgian bancassurers AG and Athias and Italian insurers Fondiara, Società Reale Mutua di Assicurazioni

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: