EUROSTAT REPORT
December 1st, 2002
BY KEITH NUTHALLWHILE the number of companies in the European Union's (EU) insurance sector has been dwindling, the amount of business that it has been writing collectively has been booming, according to the latest comparative figures from EU statistical agency Eurostat. It claims that between 1996 and 2000, the number of insurance businesses in the EU decreased by 10.5 per cent, shrinking to 3,495 enterprises, of which 56 per cent were non-life, 25 per cent life and 19 per cent specialist reinsurance enterprises and composite insurance groups.The greatest ...
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