Strong Reinsurer Results Hide Difficult Business Conditions: S&P, Fitch Reports
Strong Reinsurer Results Hide Difficult Business Conditions: S&P, Fitch Reports
Weak business conditions in the reinsurance industry are being masked by a low level of catastrophes and a high level of reserve releases, said Standard & Poor’s Ratings Services and Fitch Ratings in new reports. “Stripping out these two factors, …
Source: Insurance Journal