After UK, US P&C insurance outlook turns negative on lower capital levels

27-10-2022

After UK, US P&C insurance outlook turns negative on lower capital levels

S&P Global Ratings has revised its view on the US property/casualty (P&C) insurance sector to negative from stable, reflecting expected weaker credit trends over the next 12 months, just a day after Moody’s turned negative on the UK’s P&C insurance sector outlook in light of the burgeoning inflation that is pushing up claims costs and widening credit spreads.


S&P, Inflation, Property, Casualty, Insurance, Capitalisation, US, Rates, Outlook, Claims

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