French insurance is under negative outlook according to Moody’s

Moody’s analyses of French insurance are grim. In life insurance, profitability will be damaged by the slowdown of currency unit contracts and the fall of financial revenues.
Insurers will face hard times in case the high rates in line proposed to them came to be maintained, because capitalization levels may decrease while profit commission reserves are regressing. In non-life, loss ratio will be affected by natural catastrophes events in the first semester and by the “war” of tariffs between different players.