Search

Germany insurance report Q4 2018 : includes 5-year forecasts to 2022

Portada
MARC record
Tag12Value
LDR  00000cam a22000004b 4500
001  MAP20180028441
003  MAP
005  20220912144158.0
008  181004s2018 gbr|||| ||| ||eng d
022  ‎$a‎1757-1235
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎219
24510‎$a‎Germany insurance report Q4 2018‎$b‎ : includes 5-year forecasts to 2022
260  ‎$a‎London‎$b‎Fitch Solutions‎$c‎2018
300  ‎$a‎46 p.
520  ‎$a‎The persisting low-interest-rate environment continues to have an impact on German-based insurers, with Italian-owned multinational Generali announcing at the start of Q318 plans to offload the entirety of its book of German life-insurance policies, which consists of about 4mn policies in total. The divestment, which has yet to be confirmed, would be the biggest runoff in the history of Germany's insurance market. It has led to concerns over rival firms following suite and reducing their exposure to the market over the coming years -- Despite the wider economic challenges, the demand environment for life insurance companies in Germany remains fairly positive, with a stable economy and a growing retirement-age population offering strong drivers for growth going forward. We forecast premiums to grow by 2.9% in euro terms to EUR96.9bn (USD116.4bn). Growth will remain steady over the remainder of the period, with premiums set to expand by 2.7% a year on average through to 2022, to reach EUR108bn (USD130.1bn) -- In the non-life market, growth will continue to be driven by expansion of the core health, motor and property lines, in turn supported by robust consumer spending. In 2018, we forecast life insurance premiums to grow by 3.4% to EUR111.3bn (USD133.6bn). Premiums will continue to expand by 3-4% annually through the remainder of the forecast period, reaching EUR127.6bn (USD153.8bn) in 2022
650 4‎$0‎MAPA20080586294‎$a‎Mercado de seguros
650 4‎$0‎MAPA20080600648‎$a‎Crecimiento económico
650 4‎$0‎MAPA20080606787‎$a‎Innovación empresarial
650 4‎$0‎MAPA20080611880‎$a‎Perspectivas del seguro
651 1‎$0‎MAPA20080637996‎$a‎Alemania
7102 ‎$0‎MAPA20170011927‎$a‎BMI Research