AM Best is revising its outlook for Germany's life insurance segment to stable from negative.
In its new Best's Market Segment Report, "Market Segment Outlook: Germany Life Insurance", AM Best states that the revision of its outlook primarily reflects the stabilisation of key trends for the segment in the current positive interest rate environment. In addition, AM Best notes that life insurance premium income is expected to remain resilient over the next 12 months, despite uncertainty and constrained economic conditions in the country.
AM Best also notes that surrender rates are expected to remain largely stable and at a manageable level for the industry.
To access a complimentary copy of this special report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=362706.
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
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Contacts:
Dr Mathilde Jakobsen
Senior Director, Analytics
+31 20 808 3118
mathilde.jakobsen@ambest.com
Edem Kuenyehia
Director, Market Development Communications
+44 20 7397 0280
edem.kuenyehia@ambest.com
Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com
