UK insurance outlook News

UK Financial Services Firms Become More Optimistic, Says Business Survey

Financial services firms in Britain turned more optimistic for the first time this year as a drop in business bottomed out, but big uncertainties remained about COVID-19 and a post-Brexit trade deal, according to a survey published on Thursday. A …

Rising Rates Not Enough to Ease Pressure on UK Insurers

Market conditions for UK non-life insurers remain challenging as the difficult economic environment curbs demand for coverage and insurers can no longer rely on reserve releases to improve profitability, according to a report from A.M. Best Co. The report looks …