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Industry | 2015.04.07

A.M. Best Special Report: Global Reinsurance – Appearances Can Be Deceiving

OLDWICK, N.J.--(BUSINESS WIRE)--Despite the combined persistence of pricing declines, increased commissions and tougher terms and conditions, the reinsurance industry generated solid results in 2014 with strong combined ratios and profitable returns, according to a new special report from A.M. Best. The competitive landscape shows no signs of fading, particularly for U.S. property catastrophe programs. Reinsurance pricing for the Jan. 1, 2015, renewals was down between 5%-15%, depending on risk

 

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