Global Reinsurers To Withstand Challenging Dynamics
Thursday, 06 16 2016, Category: Insurance and Reinsurance, Country: World
The average stock price increase for publicly traded reinsurance companies, which include the European big four - Swiss Re, Munich Re, SCOR Re and Hannover Re, was 1.4% in the first quarter of 2016, far below the 8.3% average posted in the first quarter of 2015, according to a new A.M. Best report.
According to the Best Special Report, titled, “Global Reinsurers Continue To Withstand Challenging Market Dynamics,” of the 16 publicly traded worldwide reinsurers followed in this report, seven experienced negative stock price movement during the first-quarter 2016, with one insurer’s price basically remaining flat. Three other reinsurers experienced just limited stock price growth.
Source: Business Wire