Europe's globally leading insurance groups managed to protect earnings and capital from the challenges linked to high inflation and rising interest rates in 2022, Fitch Ratings said in a new report. The ‘Peer Comparison: Allianz, AXA and Zurich' report provided insight into recent developments at the three insurance groups. Allianz SE (Insurer Financial Strength rating: AA/Stable), Axa SA (AA-/Positive) and Zurich Insurance Company Ltd. (AA/Stable) "demonstrated strong pricing power thanks to dominant market positions and limited exposure to interest rate risk due to very strong asse...
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