Reinsurer earnings hit by interest rates & hurricane activity: DBRS Morningstar
Reinsurance News - Oct 05, 2022
Despite lower combined ratios, global reinsurers’ overall profitability declined significantly in H1 of 2022, primarily reflecting higher interest rates that adversely affected equity and bond valuations, and the mounting pressure of the ongoing Atlantic hurricane season, says DBRS Morningstar...
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