- Rating agency Moody’s Investors Service has revised its outlook for the global reinsurance industry from negative to stable, saying that price increases are set to drive stronger earnings for the sector going forwards.
- Casualty pricing also remains strong, Moody’s said, with most lines driven by higher demand, loss cost trends and low investment yields.
- The rating agency believes that traditional reinsurance firms that have strong third-party capital management platforms will be well-positioned to take advantage of new opportunities.
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Moody's Revises Reinsurance Sector Outlook To Stable