Egypt – Opportunities for best reinsurance conditions
Tuesday, 12 15 2015, Category: Insurance and Reinsurance, Country: Egypt
Moody’s expects that insurance companies can obtain the best reinsurance treaties’ conditions for year 2016 especially given the increased competition between reinsurers which want to strengthen their capital base.
Moody’s said that the strengthened capital base of reinsurers can increase the underwriting capacity for accepted risks in the markets in which they operate, in addition to the competition of alternative capital.
These events can lead insurers to find better treaties’ conditions at prices which are better in year 2016 than previously.
Source: Al Borsa News