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Fitch upgrades German non-life insurance sector outlook to ‘improving’

June 18, 2024

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Fitch Ratings, a financial analysis firm operating out of Frankfurt and London, recently announced a notable change in its evaluation of the German non-life insurance sector.

The outlook has been elevated from ‘neutral’ to ‘improving,’ driven by expectations of heightened profitability fuelled by robustly increasing premium rates.

Despite some European counterparts, recent trends indicate a narrowing of the gap in price adjustments within the German market.

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