Moody's has revised its outlook on Greece to 'positive' from 'stable', citing improvements in the banking sector and a better-than-expected economic performance. With Greece's debt projected to decrease further to 152% of GDP by the end of 2023, the agency maintains its rating at 'Ba1', the only non-investment grade classification among ratings agencies. Meanwhile, Moody's has also upgraded the UK property and casualty insurance sector outlook to 'stable' from 'negative', attributing this to a 25% rise in personal lines premiums in 2023, which are expected to support underwriting profitability over the next 12-18 months. Despite competitive pressures on pricing, higher interest rates are anticipated to bolster insurers' investment income. The life insurance sector's outlook remains stable, supported by strong pension risk transfers amid high interest rates. Overall, the revised ratings reflect ongoing improvements in both countries' economic and financial conditions.