UK insurers expected to keep Funded Re below 30% for bulk annuity business: Fitch
Reinsurance News - Feb 28, 2024
In a recent analysis, Fitch Ratings forecasts that the UK life sector will maintain its cautious approach towards funded reinsurance (Funded Re) for bulk annuity transactions, keeping its usage below 30% of premiums from 2024 to 2026. This strategic restraint, combined with proposed stringent regula...
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