Fitch downgrades French non-life sector forecast
The French non-life insurance sector has seen a revised outlook to negative from Fitch Ratings, moving the sector from its previously stable rating.
Fitch expects premium growth and profitability of French non-life insurers is likely to deteriorate in 2016. Forecasting for normalised combined ratios is 102% in 2015 and 103% in 2016.
The outlook
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