Evolution of CEE insurance markets in 2009
At the time of writing, it is clear that recovery from the recession will be slow and uneven in the CEE region. GDP growth will not reach pre-crisis levels anytime soon, and indeed will only achieve rates below those of the other emerging markets. Fixed investment and private consumption are still relatively weak, and are expected to remain so in 2010.
Evolution of CEE insurance markets in H1/2009
It is usual to talk about the CEE insurance markets in terms of potential. Still underdeveloped in many respects, the New Europe's markets offer a large array of growth possibilities. Double digit growth rates were common for all the countries in the region and always mentioned when speaking about them. The recent crisis put a brake on this high dynamic without setting aside the regions' potential. To what extent was the insurance business of the CEE region affected by crisis? Read the following pages to find out.