Following a recent professional study on the euro zone debt exposure and how it effects insurance providers it has been suggested that the debt of Groupama Insurance, AXA Insurance, Aviva Insurance, Zurich Insurance or Ageas Insurance with higher exposures and debt to shareholders exceeding 150%.
A professional insurance study has calculated the debt of Groupama Insurance to shareholders to be over 300%. Groupama Insurance is possibly the most exposed and the insurance company provides Indemnity to professionals and insurance for assets in many different countries, are seen most at risk.
In the 1980s insurance companies managed to ride out the debt crisis in Latin America whilst the professional banking industry were not so lucky. Insurance companies are well placed to survive and have indemnity with their well spread assets being able to offset any debts should the worst thought scenario become reality.
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