Blog: Brexit, pandemic way on UK insurers – Business Insurance


Ratings agency A.M. Best & Co. Inc. has maintained its negative outlook for the U.K. non-life insurers and reinsurers, citing economic uncertainty, COVID-19 lockdown measures and Brexit as main reasons, Reinsurance News reported. AM Best added these factors have created the biggest economic contraction on record and will maintain pressure on premium income going forward. It expects risk-adjusted capitalization in the property and casualty segment to be resilient.

Read more.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s