Reinsurance market remains ‘stable’ off improved pricing dynamics: AM Best
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Reinsurance market remains ‘stable’ off improved pricing dynamics: AM Best

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Reinsurers still face ongoing challenges, but positive market trends include resilient balance sheets as traditional reinsurers remain well capitalized amid pandemic-related losses or loss creep from more frequent catastrophes in 2020, AM Best said.

In its report, “Global Reinsurance Outlook Remains Stable in a More Uncertain World,” the ratings agency said that global reinsurers have generally been able to absorb shock from the pandemic, despite material losses.

“Their

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