Fitch changes German outlook
Fitch Ratings has changed its Outlook on German life insurers to Stable from Negative, reflecting amongst other positive factors a recovery in capital adequacy and the flexibility in profit participation, although the long-term macroeconomic conditions for the insurers remain mixed. Fitch added that it does not currently expect any failures of German life insurers.
"Due to a more flexible profit participation that favours insurers' shareholders, German life insurance now offers a more attractive business model for international investors" says Christian KuehnerOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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