September 4, 2017 / 12:37 PM / 3 months ago

BRIEF-‍Fitch says French life insurance market remains challenging​

Sept 4 (Reuters) - Fitch:‍

* Fitch says French life insurance market remains challenging​

* ‍Fitch says in new report that French life insurers’ earnings remain under pressure despite changes in business mix​

* Fitch says ‍have negative sector outlook for French life insurance market due to difficult operating conditions, with low interest rates, keen competition

* Fitch - Expect net collections to fall in 2017 as French insurers continue to limit sales of traditional guaranteed products in low interest-rate environment​

* Fitch on French insurers says expect insurers to cut crediting rates to below 1.7 percent on average in 2017-2018​ Source text for Eikon:

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