0931 GMT - Analysts at brokerage Autonomous are still sanguine about European insurers' outlook following this year's outperformance, they say in a research report. Large-cap insurance companies like Allianz, AXA, Generali and Zurich still offer a reliable access point for generalist investors, they say. Meanwhile, life insurers ASR Nederland and Aviva are set to see good growth but momentum in property and casualty is starting to wane in the Nordics and among U.K. motor names, analysts write. "The earnings base is solid and offers reliable growth, better than the broader market," they say. Insurers can better handle lower interest rates compared with banks, they say. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
December 19, 2024 04:31 ET (09:31 GMT)
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