Top 100 UK Insurers 2020: AM Best Commentary: Material uncertainty
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The 100 largest UK-regulated insurers reported a combined underwriting profit in 2019, albeit lower than in 2018. Bond yields fell in 2019, however, investment earnings benefited from the strong performance of equity markets. How will the impact of the challenges from 2020 including Covid-19, climate change and Brexit affect the market going forward?
The operating, financial and economic challenges created by Covid-19 are dominating the 2020 market environment for UK non-life insurers. In the first half of the year, travel, event cancellation and
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