The ratings agency has maintained its positive outlook on the global P&C reinsurance sector “despite high natural catastrophe losses and likely lower interest rates globally”
Global property and casualty reinsurers have reported solid premium income growth in the first half of 2024 (H1 2024), owing to an ongoing environment of favourable pricing.
That was according to a report from credit ratings agency Morningstar DBRS, which has maintained its positive outlook on the global P&C reinsurance sector “despite high natural catastrophe losses and likely lower interest rates globally”.
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