Fitch predicts premium income and profitability growth for German non-life insurers

In the face of dwindling investment returns, German non-life insurers are likely to continue increasing their premium income in 2020 to maintain profitability, according to Fitch Ratings. The ratings agency said the outlook for the German non-life insurance sector remains stable, reflecting its expectation that insurers will achieve premium growth sufficient to maintain good profitability. “However, we expect motor new…

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