AM Best: UK storms to maintain pressure on non-life carrier profits
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AM Best: UK storms to maintain pressure on non-life carrier profits

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Storms Pia and Henk, which struck the UK during the festive period, will maintain the pressure on non-life insurers’ profitability, according to AM Best.

The ratings agency already has a negative outlook on the UK non-life sector, partly due to volatility in property lines due to weather-related events.

AM

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