Sign Up
Login

German non-life insurers’ net investment income decreases to €4bn

Written by Adam Cadle
25/04/2024

German non-life insurers’ net investment income decreased to €4bn in 2023 from €6bn in 2014 despite investments increasing by more than a third over the period, latest figures published by Fitch Ratings has revealed.

Fitch said it expects investment returns to recover to at least €6bn from 2026, driven by the increase in yields since 2020.

The German non-life insurance sector is experiencing a very low return on equity, driven by still weak investment returns.

Fitch said: “Non-life insurers’ investment mix is dominated by fixed income investments, so the beneficial impact of improved market interest rates takes time to materialise in their portfolios.”


Share Story:

Related Articles

  There are no related documents to show at this time.

BANNER

A Different Approach to Direct Lending
Adam Cadle talks to HSBC Asset Management’s head of direct lending UK & Europe, Tom Green, and head of insurance business, Deepak Seeburrun, about the firm’s direct lending proposition.

Impact Investing roundtable

Absolute Return Fixed Income roundtable

Portfolio optimisation in today’s challenging market environment
Adam Cadle speaks to Dr Laura Ryan, Head of Research at Ardea Investment Management, about the firm’s insurance asset allocation optimisation tool and the reasons for developing it
Most read stories...
The role ETFs can play in the ESG journey for insurers
Justin Wheeler, Head of UK iShares Asset Owner Distribution at BlackRock, and Mark Guirey, Head of EMEA Insurance Segment and UK Asset Owner Client Coverage at MSCI, discuss the drivers behind growth in this area, market reactions to COVID-19, and the role of indexing
World Markets (15 minute+ time delay)

European insurance companies renumeration

European Loans roundtable

BNP Paribas roundtable

ETFs roundtable

Iame roundtable May 2018

iame-roundtable2017