Fitch: Italian GI market will only see "modest" recovery in 2010
Trading conditions in the Italian non-life market remain tough, while life margins, despite the strong recovery in sales in 2009, could come under some pressure this year, according to Fitch.
It reiterated its view that non-life underwriting profitability may see only modest recovery in 2010.
"The Italian non-life industry faces significant challenges, as competition remains fierce, the
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