AM Best has maintained its negative outlook for the German non-life insurance market [4].
The rating agency noted that insurers are facing a number of factors that are severely impacting their underwriting profitability, including inflationary pressures and a competitive operating environment.
AM Best also mentioned the high level of natural catastrophe claims, leading to volatility in insurance companies' results.
Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Fcategory%2Fpays%2Fallemagne%2Fam-best-negative-outlook-for-the-german-non-life-insurance-market&text=AM+Best%3A+negative+outlook+for+the+German+non-life+insurance+market
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Fcategory%2Fpays%2Fallemagne%2Fam-best-negative-outlook-for-the-german-non-life-insurance-market&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-206-december-2023
[4] https://www.atlas-mag.net/en/article/outlook-of-the-german-non-life-insurance-market-in-2026