The resilience of the European insurance industry stands out, with underwriting losses expected to be limited.
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格隆汇3月2日|Bruyette&Woods stated in a research report that the stock prices of European insurance companies should be supported by rising risk premiums. Analyst William Hawkins wrote: "We believe that the weakness in stock prices presents a buying opportunity for the industry, which will continue to demonstrate that its risk-reward ratio is superior to what people remember from the 2010s." Although the U.S. weekend attack on Iran was unexpected, it should not catch European insurance companies' risk management processes off guard, as Iran has been a sanctioned and isolated regime for decades. He added that underwriting losses may occur, but unless there is a serious error in company processes, it is hard to imagine these losses having a substantial impact on the industry.
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