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International

Outlook for London insurance market revised to positive

April 23, 2024 Reprints

A.M. Best Co. Inc. has revised its outlook for the London insurance market from stable to positive, supported by strong pricing for most business lines that will drive further increases in underwriting profitability, Reinsurance News reported. The rating agency said that throughout 2023 and early this year, underwriting discipline and rate adequacy remained strong.

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Outlook for London insurance market revised to positive

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