Property insurers fall to underwriting loss as Covid-19 and climate change hit hard

property insurance

Business size affects insurers’ buoyancy in the property insurance market after 2020 brought business interruption claims and storm losses to firms’ doorsteps

UK property insurers have fallen to an underwriting loss for the second time in three years, according to analysis of the industry’s latest Solvency and Financial Condition Reports (SFCRs) conducted by Insurance DataLab and published exclusively by Insurance Times.

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