German non-life premiums to continue rising to offset declining investment yields
German non-life insurers will continue to increase premiums to offset declining yields on their investment portfolios, Fitch Ratings has predicted.
The ratings agency said it expects gross written premiums for the sector to grow 2% in 2016 and 1% in 2017, following 3.5% growth last year driven by higher pricing.
Average portfolio investment yield
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