Moody's upgrades global reinsurer outlook to positive due to increased rates, stricter policies, and healthy investment income.
Moody's Ratings has shifted its outlook on global reinsurers from stable to positive, citing increased prices, stricter policies, and healthy investment income. Reinsurers have raised rates and excluded certain business lines in response to losses from the pandemic, conflicts, and natural disasters. While property reinsurance pricing remains favorable, buyers expect slower price increases in the coming year after a period of substantial hikes.
September 03, 2024
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