Fitch forecasts challenging times for German non-life insurance sector
Reinsurance News - Feb 08, 2024
According to Fitch Ratings, the German non-life insurance sector is set to grapple with a net combined ratio of 99% for both 2023 and 2024, marking the highest figures since the tumultuous loss years of 2013 and 2002. The forecast primarily attributes this predicament to mounting claims inflation an...
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