German Insurance Industry Cuts Outlook in Wake of War

P&C underwriting performance improves except Person Lines

The German Insurance Association (GDV) has downgraded its forecast for the industry for 2022 in the wake of the war in Ukraine. The GDV now expects annual premium income to grow 2.3% this year, down from previous expectations of 2.7%, it told Reuters on Thursday. “The direct effect on German insurance companies due to the… Continue reading German Insurance Industry Cuts Outlook in Wake of War