UK rates can't beat inflation — home and motor insurers could suffer deteriorating results in 2022

27-01-2022

UK rates can't beat inflation — home and motor insurers could suffer deteriorating results in 2022

shutterstock/4kclips

UK auto and homeowners’ carriers will suffer a deteriorating earnings outlook and a rise in combined ratios in 2022 as rates fail to keep pace with claims inflation amid the turbulence of a regulatory-mandated pricing reshuffle, Fitch Ratings’ analyst Róisín O’Reilly Smyth told a webinar Thursday (January 27).


Fitch Ratings, Webinar, Auto & Home, Inflation, Claims, Insurance, Reinsurance, Róisín O’Reilly Smyth, UK

Intelligent Insurer