Global reinsurance outlook remains ‘stable’ amid positive pricing momentum: AM Best
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Global reinsurance outlook remains ‘stable’ amid positive pricing momentum: AM Best

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AM Best maintained its outlook for global reinsurance at “stable” as rising loss cost inflation and high catastrophe activity in 2021 support pricing improvement and industry investment returns remain at historically low levels.

The impact of losses from floods in Europe and Hurricane Ida in the United States ended (re)insurers’ hopes for a “relatively benign” year for natural catastrophe losses, the ratings agency said.

AM

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