Insurers most insulated against eurozone default

Map of Europe in CRN blue

The accountants stated that in between the first warning signs of solvency problems in Greece, Ireland and Portugal and the first indication of a default triggered by Greece, most insurers and reinsurers substantially reduced their exposure to eurozone-periphery sovereign debt.

They concluded that the moves made had insulated the sector against the impact of a potential default.

The analysis was revealed in the autumn 2011 edition of the E&Y eurozone outlook for financial services forecast.


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].

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 an Insurance Age account, please register now.

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 indvidual account here: