News

AM Best is revising the outlook for the London market insurance segment to Positive from Stable, owing to the following key drivers:

• Strong pricing environment for most business lines is expected to support good underwriting profitability.
• Positive momentum of US excess and surplus (E&S) lines offers opportunities.
• Improved interest rate environment is likely to support healthy investment yield.

Factors moderating these positives include:

• Changing climate trends and unmodelled risks present exposure management challenges.
• Concerns regarding social and economic inflation in certain business lines.