Fitch lowers London market outlook as Ukraine war exacerbates macro trends
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Fitch lowers London market outlook as Ukraine war exacerbates macro trends

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Rising claims inflation, financial market volatility and weakening pricing momentum have led ratings agency Fitch to revise its outlook for the London market and global reinsurance to neutral from improving.

Fitch said in a note that that negative macro-economic trends for reinsurers and London firms have been exacerbated by the Ukraine war, with accelerated inflation and increased financial market volatility leading to higher regulatory capital requirements.

According

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