Developing insurance industry

Advancing underwriting services
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 8 October 1999 by Eurostat, Statistical Office of the European Communities, sheds light on this evolution.
Type Classification:
D: Detailed strategies
Related UN Sustainable Development Goals:
GOAL 1: No PovertyGOAL 2: Zero HungerGOAL 3: Good Health and Well-beingGOAL 4: Quality EducationGOAL 5: Gender EqualityGOAL 6: Clean Water and SanitationGOAL 7: Affordable and Clean EnergyGOAL 8: Decent Work and Economic GrowthGOAL 9: Industry, Innovation and InfrastructureGOAL 10: Reduced InequalityGOAL 11: Sustainable Cities and CommunitiesGOAL 12: Responsible Consumption and ProductionGOAL 13: Climate ActionGOAL 14: Life Below WaterGOAL 15: Life on LandGOAL 16: Peace and Justice Strong InstitutionsGOAL 17: Partnerships to achieve the Goal