AM Best: negative outlook for the French non-life insurance market
AM Best has maintained its negative outlook for the French non-life insurance market.
The rating agency believes that French insurers are facing a number of challenges, including persistently volatile economic conditions, a sharp rise in natural catastrophe claims, inflation and rising interest rates.
These factors are only aggravating insurers' profitability, leading to fiercer competition between companies.
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Fri, 30/06/2023 - 18:07
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