European general insurance market shrinks for first time in a decade

Michaela Koller

The European insurance sector remained stable in 2009, according to key figures released today by the CEA, the European insurance and reinsurance federation.

Provisional figures for 2009 indicate that gross written premiums in Europe totalled €1 057 bn, representing a growth of 2.9% at constant exchange rates compared with 2008.

"The European insurance

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