Fitch warns startups that hard market could be short-lived
Fitch Ratings has warned that the Class of 2005 could face a shorter hard market than many in the industry believe and could face some significant challenges from difficult market conditions in the near future.
Fitch pointed out that a number of the start-up reinsurers that are being formed in the wake of the reinsurance sector's record 2005 hurricane losses, commonly referred to as the Class of 2005, are
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