Insurance Post

Fitch downgrades French non-life sector forecast

franceetfs

The French non-life insurance sector has seen a revised outlook to negative from Fitch Ratings, moving the sector from its previously stable rating.

Fitch expects premium growth and profitability of French non-life insurers is likely to deteriorate in 2016. Forecasting for normalised combined ratios is 102% in 2015 and 103% in 2016.

The outlook

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