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UK life insurance sector was assigned by Fitch with stable outlook

The international rating agency Fitch Ratings prepared a forecast for the UK life insurance sector for 2024. The report highlights a strong performance of the life insurance sector, which offers opportunities to offset existing macroeconomic challenges.
UK life insurance sector was assigned by Fitch with stable outlook

“An improved outlook of the UK life insurance sector by Fitch Ratings is driven by strong sector fundamentals and a more favorable operating environment. We expect these factors to prevail over challenges emerging in macroeconomic and financial markets in 2024,” the report said.

The Internet resource UkrStrakhovanie also learnt from the Fitch Ratings report that the British life insurance sector had been assigned a stable outlook. This was due to a "strong capitalization as well as solid operating performance and company profiles."

Source: https://www.ukrstrahovanie.com.ua/news/sektoru-strahovaniya-zhizni-v-velikobritanii-prisvoen-stabilnyj-prognoz-ot-fitch

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