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German Insurance: Non-Life & Life Market Outlooks, Reinsurance Trends and Stress Testing the impact of COVID-19
Recorded July 21, 2020
AM Best has maintained its stable market segment outlook on the German non-life insurance sector, reflecting the expectation that positive profit margins of German non-life insurers are likely to remain sustainable, supported by stable to positive rate adjustments in most business classes. However, AM Best expects lower premium volumes due to COVID-19-driven economic slowdown.
In the German life segment, margins between investment income and average guarantees are narrowing due to lower investment yields. AM Best believes that the low interest rate environment and the weak economic prospects are key challenges for the segment – the outlook for the segment remains negative.
In this webinar, analysts will discuss the principal factors underpinning the maintained outlooks for the German market, provide an update on the Reinsurance Market and comment on the recent stress test as carried out by AM Best on its rated companies around the world to address the impact of COVID-19 on (re)insurers’ underwriting and assets. This webinar is conducted in the German language.
- Dr Angela Yeo, Senior Director – Analytics, AM Best
- Victoria Ohorodnyk, Senior Financial Analyst, AM Best
- Konstantin Langowski, Financial Analyst, AM Best
- William Mills, Director, Market Development EMEA [Moderator]
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