Greece Insurance Q2 2018
Our outlook for the life market is improving, with another quarter of upward revisions to our forecasts. The tentativeeconomic recovery, coupled with citizens' search for durable long-term saving solutions and protections for their families in acontext of partial state disengagement from the social arena, will buoy the life market. The outlook in the non-life sector is morepatchy, a strong bounce in 2017 aside, with growth in many sub-markets likely to lag. If the economic recovery strengthenssignificantly beyond its current fragile status, merger and acquisition activity could gain traction, especially in the highly pro-cyclicaland still-crowded non-life market.
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