AM Best [4] has upgraded its outlook for the London insurance market from stable to positive.
The rating agency believes that the strong pricing environment in most business sectors should bolster insurers' underwriting performance.
The agency's decision is also based on the fact that improving interest rates are likely to support companies' investment returns.
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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-210-april-2023
[4] https://www.atlas-mag.net/en/article/am-best-rating-scale