Market segment outlook : United Kingdom non-life

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      <subfield code="a">AM Best is maintaining its look on the United kingdom (uk) non-life insurance market at negative. Key factors underpinning the outlook include: Expectation of lower premium volumes due to the economic slowdown driven by the coronavirus (COVID-19) pandemic; Persistent pressure on underwriting performace due to strong competition; Positive legislative changes, but savings expected to be passed onto insureds in the form of premium reductions; Regulatory scrutiny of pricing practices; Ongoing political and economic uncertainty associated with Brexit.</subfield>
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