Fitch Ratings assessed all large European composite insurers in its peer group as having ‘Strong’ to ‘Very Strong’ profitability, supported by diversified earnings sources that provide stability through cycles.The peer group comprises Allianz SE (Allianz), Aviva plc (Aviva), AXA SA (AXA), Assicurazioni Generali S.p.A. (Generali), MAPFRE S.A. (MAPFRE), and Zurich Insurance Company Ltd (Zurich).The rating agency noted that financial performance improved in 2024, driven by a continued favourable market environ ...