The European non-life insurance sector has enjoyed very good results in 2006, and 2007 is expected to be another good year for the sector, according to a Standard & Poor's report released today.
Nonetheless, the primary and reinsurance non-life markets may be beyond their pricing peak, S&P said.
The absence of large losses, peak-of-the-cycle underwriting profits and solid investment performance has contributed to the good results for the non-life sector.
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