-

Best's Market Segment Report: AM Best Maintains Stable Outlook on UK Life Insurance Segment

LONDON--(BUSINESS WIRE)--AM Best has maintained its stable market segment outlook on the United Kingdom’s life insurance segment.

In its new Best’s Market Segment Report, “Market Segment Outlook: UK Life Insurance,” AM Best cites the strong pipeline for pension risk transfers (PRTs), as higher interest rates support attractive pricing to defined benefit scheme sponsors. The PRT market generated more than GBP 50 billion of premium in 2024, and AM Best expects the volume of transactions in 2025 to be close to that figure.

The report also notes that although there is an expectation for further cuts in interest rates, current levels still will support solid investment returns for U.K. life insurers and reduce their reliance on illiquid assets to generate earnings. AM Best also expects regulatory scrutiny to remain focussed on funded reinsurance, which will require attention from life insurance companies.

To access a complimentary copy of this special report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=354305.

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Stanislav Stoev, ACCA, CFA
Senior Financial Analyst
+44 20 7397 0306
stanislav.stoev@ambest.com

Ghislain Le Cam, CFA, FRM
Senior Director, Analytics
+44 20 7397 0268
ghislain.lecam@ambest.com

Richard Banks
Director, Industry Research – EMEA
+44 20 7397 0322
richard.banks@ambest.com

Edem Kuenyehia
Director, Market Development & Communications
+44 20 7397 0280
edem.kuenyehia@ambest.com

Industry:

AM Best

Release Versions
English
Hashtags
#insurance

Contacts

Stanislav Stoev, ACCA, CFA
Senior Financial Analyst
+44 20 7397 0306
stanislav.stoev@ambest.com

Ghislain Le Cam, CFA, FRM
Senior Director, Analytics
+44 20 7397 0268
ghislain.lecam@ambest.com

Richard Banks
Director, Industry Research – EMEA
+44 20 7397 0322
richard.banks@ambest.com

Edem Kuenyehia
Director, Market Development & Communications
+44 20 7397 0280
edem.kuenyehia@ambest.com

Social Media Profiles
AM Best / LinkedIn
More News From AM Best

AM Best Maintains Under Review With Negative Implications Status for Brighthouse Financial, Inc. and Its Subsidiaries

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has maintained the under review with negative implications status for the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of Brighthouse Life Insurance Company (headquartered in Charlotte, NC), New England Life Insurance Company (Boston, MA) and Brighthouse Life Insurance Company of NY (New York, NY). These entities collectively are referred to as Brighthouse and are operating insuranc...

AM Best Affirms Credit Ratings of Privilege Underwriters Reciprocal Exchange and PURE Specialty Exchange

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Privilege Underwriters Reciprocal Exchange (Fort Lauderdale, FL) and PURE Specialty Exchange (Scottsdale, AZ). The outlook of these Credit Ratings (ratings) is stable. These insurance entities comprise PURE Insurance Group. The ratings reflect PURE Insurance Group’s balance sheet strength, which AM Best assesses as strong, as well as...

Best’s Market Segment Report: AM Best Maintains Stable Outlook on Panama’s Insurance Industry

MEXICO CITY--(BUSINESS WIRE)--AM Best is maintaining its stable outlook on Panama’s insurance industry, citing consistent premium growth and consistently profitable underwriting following the adoption of IFRS 17 accounting standards. The new Best’s Market Segment Report, “Market Segment Outlook: Panama Insurance,” also notes Panama’s sound fundamentals reflecting a dollarized economy, low and stable inflation levels, and continued functionality as a regional logistics and financial services cen...
Back to Newsroom