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European Commission Spokesman's Briefing for 99-10-08

Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article

From: EUROPA, the European Commission Server at <http://europa.eu.int>

MIDDAY EXPRESS

News from the Spokesman's midday briefing

Nouvelles du rendez-vous de midi du Porte-Parole 08/10/1999b


CONTENTS / CONTENU

  • [01] Growing concentration in the European insurance industry due to increasing competition

  • [01] Growing concentration in the European insurance industry due to increasing competition

    Four major trends influenced the insurance industry in the nineties : concentration of insurance markets, as increased competition pushes companies to find a future as "multinational" or niche players ; steady growth of the industry, led by life insurers ; life insurance domination ; leadership of incorporated companies, as the founding principles of mutuals become difficult to uphold under the pressure of competition. Using largely harmonised sets of data for the first time, the second comprehensive report on insurance services in Europe published today by Eurostat, Statistical Office of the European Communities, sheds light on this evolution.

    MIDDAY EXPRESS


    From EUROPA, the European Commission Server at http://europa.eu.int/
    © ECSC - EC - EAEC, Brussels-Luxembourg, 1995, 1996


    Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article
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