Monday, April 29, 2024

Industry | 2009.11.12

Fitch Revises Global Reinsurance Outlook to Stable as Capital Markets Open

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has revised its outlook on the global reinsurance industry to stable from negative, reflecting relative improvements in the capital markets, macroeconomic conditions and the strong financial performance of reinsurance companies. Ongoing improvements in capital market conditions have sufficiently eased concerns regarding reinsurers\' ability to access the capital markets on reasonable terms following a significant catastrophic event. Additionally, macroecono

 

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