German non-life insurers maintain underwriting discipline despite strong profitability: Fitch
In 2025, German non-life insurers maintained strong underwriting discipline despite achieving very strong underwriting profitability, according to Fitch Ratings. In a recent report, Fitch said German non-life insurers outperformed expectations in 2025. Nevertheless, the ratings agency is maintaining its forecast for the sector’s net combined ratio at 95% for 2026, up from 92% in 2025,…