OLDWICK, N.J., Sept 6 (Bernama-BUSINESS WIRE) -- 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 they retain more business to leverage their own excess capacity. As a result, companies have intensified their efforts to develop new strategies in order to adapt to structural market changes, as detailed in A.M. Best’s annual special report on the global reinsurance industry.
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