Third quarter bounce means only Mapfre is still underwater for the year
With almost three quarters of the year gone, the European (re)insurance sector has performed strongly, with only Mapfre in the red for the year to date.
European (re)insurers have endured a choppy year of trading, but the sector outperformed most other industries in the third quarter.
Sentiment on the sector throughout the year has largely been driven by the fact that many players - particularly the composite insurers with life insurance operations - have a large exposure to the sovereign...
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