Moody's Outlook 'Stable' For U.K. P-C Sector

NU Online News Service, Dec. 28, 2:43 p.m. EST?Moody's Investors Service said it will keep its "Stable" outlook for the United Kingdom property-casualty insurance sector despite its concern over some softening of prices and weak balance-sheet problems.[@@]

"Capitalization of U.K. non-life insurers is now at fundamentally lower levels than in previous years," Moody's assessed, "driven by a combination of weak investment markets and, in some cases, by substantial losses from exceptional loss events."

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