Moody's revises outlook for global reinsurers as non-cat purchasing declines
Moody’s has revised its outlook for the global reinsurance sector over the next twelve to eighteen months to negative, as “pressures on several fronts” threaten to erode profit margins.
The ratings agency expects reinsurers to be pressured simultaneously by an oversupply of capacity, new entrants in the form of non-traditional capital, more substitute products, low interest rates
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