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The rating agency said that the insurance industry will be able to survive the coming recession.
Insurers around the world see share price falls of up to 32% this week.
Result expected to provide more certainty with regards to Brexit.
Ratings agency AM Best’s Q1 report shows stagnation in the reinsurance industry, which is showing signs of slowing growth.
Reinsurers’ stock prices climbed in 2015, despite a 10% US stock market value dip, and operational profits remain buoyant, but rating agency AM Best warns this may not last.
A 20%+ increase in claims levels served to reduce CIC Kenya's profit in 2014
If XL Group acquires Catlin, is is likely to be highly successful but the share prices may be weak in the near-term given the uncertainty of acquisition talks, Nomura analysts said.
Catlin, Lloyd's biggest insurer, has confirmed it has received an approach from XL Group to create a leading global property and casualty re/insurer,
The UK’s financial watchdog has been accused of wiping billions from the value of major insurers by haphazardly announcing a probe into millions of pensions and investment policies.
Insurers will be watching their portfolios carefully as the COVID-19 crisis continues.
In this month's Reactions