Fitch Ratings: German motor rates decline, catastrophe losses increase


German non-life insurers are likely to continue increasing their premium income in 2020 to maintain profitability in the face of dwindling investment returns, Fitch Ratings says. The credit rating agency’s sector outlook remains stable, reflecting its expectation that insurers will achieve premium growth sufficient to maintain good profitability.

Fitch Ratings, Non-life insurance, Growth, Insurance, Reinsurance, Germany

Intelligent Insurer