German public-sector insurer profits hit by reinsurance prices, claims inflation: Fitch
Reinsurance News - Mar 17, 2023
According to analysts at Fitch Ratings, German public-sector insurers’ non-life underwriting profitability is likely to weaken in 2023, which will be driven by higher reinsurance prices and claims inflation. Fitch noted that it forecasts a net combined ratio of 98% for 2022 and 99% for 2023, compare...
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