Fitch ups reinsurance outlook to stable
Thursday, 09 06 2018, Category: Insurance and Reinsurance, Country: World
Rating agency Fitch Ratings has changed its outlook for the global reinsurance sector from negative to stable, in a move that might surprise many given the continued influence of market forces on reinsurers ability to generate returns.
But it’s nothing as simple as a positive shift that has led Fitch to effectively upgrade the reinsurance sector outlook to stable.
It’s actually based on a realisation that reinsurer returns are set to be lower going forwards, but at the same time the market is expected to be less volatile.