AM BestTV: Germany’s Life Sector Burdened by Product Commitments and Reserving, Says AM Best Financial Analyst
Retrieved on:
Wednesday, June 26, 2019
Seydoux highlighted a few of the main drivers for AM Bests negative outlook on Germanys life insurance sector.
Key Points:
- Seydoux highlighted a few of the main drivers for AM Bests negative outlook on Germanys life insurance sector.
- AM Best expects these players to remain reliant on the traditional products with interest rate guarantees that currently are costly.
- Seydoux also addressed the balance sheet strength of Germanys life insurers.
- Despite Storms, Outlook for Germanys Non-Life Sector Stable, Says AM Best Financial Analyst: Konstantin Langowski, financial analyst, AM Best, said despite a slight deterioration of the combined ratio for Germanys non-life industry in 2018, the overall sector's financial condition still supports a stable market segment outlook: http://www.ambest.com/v.asp?v=germannonlife419 .