Best’s Market Segment Report: AM Best Maintains Negative Outlook on Germany’s Life Insurance Segment

AMSTERDAM--(BUSINESS WIRE)--
AM Best is maintaining its outlook for Germany’s life insurance segment at negative.

In its new Best’s Market Segment Report, “Market Segment Outlook: Germany Life Insurance”, AM Best says volatile economic conditions mean new-business growth among the country’s life insurers is likely to remain low. Furthermore, AM Best expects that the higher interest rate environment will gradually lead to more favourable conditions for Germany’s life insurers.

On the other hand, the report cites some factors moderating these headwinds, including the reversal of downward pressure on regulatory solvency positions and life insurers’ continued transition to capital-light products.

To access a complimentary copy of this market segment report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=338884.

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2023 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

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Konstantin Langowski
Senior Financial Analyst

+31 20 308 5431

konstantin.langowski@ambest.com

Dr Angela Yeo
Senior Director, Analytics

+31 20 308 5421

angela.yeo@ambest.com

Richard Banks
Director, Industry Research – EMEA

+44 20 7397 0322

richard.banks@ambest.com

Edem Kuenyehia
Director, Market Development Communications

+44 20 7397 0280

edem.kuenyehia@ambest.com

Source: AM Best