A.M. Best Special Report: Innovation: The Race for Global Reinsurers to Remain Relevant
Declining rates, broader terms and conditions, unsustainable reserve takedowns, low investment yields and continued pressure from convergence capital are all negative factors that continue to adversely impact global reinsurance companies. These weak operating fundamentals in the reinsurance sector also are being exacerbated by continued weakened demand from primary insurers as…
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