Insurers warned of ‘deteriorating’ sector outlook in 2023 as inflation spikes

16-09-2022

Insurers warned of ‘deteriorating’ sector outlook in 2023 as inflation spikes

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High inflation and rising interest rates would likely trigger a ‘deteriorating’ sector outlooks for many insurance markets in 2023, with some weaker insurers facing negative rating actions, analysts at Fitch Ratings have warned.


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