Rising interest rates 'a boost to solvency' despite equity losses
Rate hikes from the Bank of England will strengthen P&C insurers' solvency ratios, but cause unrealised losses for shareholders, according to analysis from Moody's.
The BoE’s base rate rose from 2.25% to 3% this month, which is the highest base rate since the 2008 financial crisis, up 2.9 percentage points in the past 12 months and likely to rise further as the
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