De-risking & underwriting profits propel reinsurers above cost of capital in 2023
Reinsurance News - Aug 22, 2024
According to a new report from AM Best, reinsurers met their cost of capital for the first time in four years in 2023, driven by a rebound in capital gains and underwriting profits. The rating agency observed that rising interest rates, stock market volatility, weather events, and inflation have rai...
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