AM Best maintains 'stable' outlook on global non-life reinsurance sector
Ratings agency AM Best said it is maintaining a stable outlook in 2009 for the global reinsurance sector for the third consecutive year. This current outlook implies that the majority of 2009 reinsurer rating actions are likely to be affirmations with only a modest number of anticipated rating or outlook changes.
"Factors that support this view are sound underlying operating earnings generated over the most recent timeframe, assessment that management teams have demonstrated underwriting discipline and our
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