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Green shoots of insurance growth will take time to bloom – EY

By Jon Guy 2023-02-06T15:22:00

growth plants 4

“Insurance demand is among the first to be impacted” by rising cost of living, says UK insurance lead

UK non-life insurers will have to wait until 2025 for any signs of growth as inflation and the cost of living crisis continue to impact premium income.

This is according to EY’s latest annual EY Item Club Outlook for Financial Services, published today (6 February 2022).

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