Viewpoint: Reinsurance Market to Experience Further Softening, M&A on Ample Capacity
The global reinsurance market maintains a very strong capital position that has benefitted from favorable earnings in recent years, with solid underwriting profits and resilient investment returns. However, this record capacity from both traditional reinsurers and alternative capital markets continues to outpace reinsurance demand. Fitch therefore expects market pricing to soften further and terms and … Continued
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