26-10-2022
Andrius Zemaitis / Shutterstock.com
Moody’s has turned its outlook on the UK’s property and casualty (P&C) insurance sector to negative from stable, expressing concerns over rising claims costs due to burgeoning inflation, intense competition and regulatory changes, as well as slowing pace of rate increases in commercial lines.
Moody’s, Inflation, Property, Casualty, Insurance, UK, Rates, Outlook, Commercial lines, Claims
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