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10.07.2015 09:03:00
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Aviva Plc -- Moody's: Polarisation of the UK life sector resulting from the pension reforms; negative outlook reflects profitability headwinds
London, 10 July 2015 -- The UK life sector is becoming increasingly polarised, with some insurers better equipped than others to cope with the challenges arising from the pension reforms, says Moody's Investors Service in a special report published today. The outlook on the UK's life insurance sector remains negative, given prevailing profitability headwinds, rising competition, as well as operational and reputational risks.
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