Reinsurers' financial strength at five-year low
Financial strength in the global reinsurance sector has declined over the past five years to the point that, when taken on a stand-alone basis, no reinsurer is currently rated higher than 'AA-'.
According to a report published today by Standard & Poor's Ratings Services Property/Casualty Reinsurers' Financial Strength Has Suffered In The Face Of Higher Industry Risk, the downward trend in
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