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Negative outlook for reinsurance market

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Magazine Issue: 
Reinsurance, the race for size [3]
Magazine date: 
Nov 2015
Major rating agencies are expressing identical view points on the outlook of reinsurance for the upcoming months.
Photo credit: geralt

The substantial decrease in the tariffs since 2014, growing competition between reinsurers, excessive capacity and the absence of major losses are the factors highlighted by Fitch, Moody’s, Standard & Poor’s and AM Best to account for the negative outlooks they attribute to this industry.

The margins generated by reinsurers are expected to remain poor in 2016. Mergers and acquisitions moves observed in 2015 are poised to continue.

Mon, 07/03/2016 - 11:48

Source URL: https://www.atlas-mag.net/en/article/negative-outlook-for-reinsurance-market

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