...Negative Life Sector Outlook: The Dutch life sector outlook is negative because of the prolonged contraction of the individual life market and insurers' exposure to interest-rate risk. Stable Non-Life Sector Outlook: The Dutch non-life market has been stable and profitable for several years. Digitalisation is reshaping the distribution of insurance products. There were signs of deterioration of claims experience in 2015 but the market is likely to remain profitable in 2016. Stable Rating Outlook: The rating outlook for the Dutch insurance market is stable, mirroring the mix of Outlooks on individual rated companies. The Stable Outlooks on most of the insurers rated by Fitch Ratings reflect the size, business diversification and strong capital position of these companies relative to the overall market. Solvency II Requirements Relatively Onerous: The Dutch regulator will make almost no use of transitional measures that enable insurers to phase in the higher capital requirements of Solvency...
