Bermuda margins may peak in ‘24 as claims & rate trends inflect: Fitch
Price discipline, rising investment yields and strong demand for reinsurance should push Bermuda's stable of re/insurers to a peak in underwriting margins in 2024, with the timing of claims disinflation possibly taking the steam out of the continuing upward earnings tick, analysts the Fitch rating agency have declared.
If you don't have a login or your access has expired, you will need to purchase a subscription to gain access to this article, including all our online content.
For more information on individual annual subscriptions for full paid access and corporate subscription options please contact us.
To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.
For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk
11 September 2019 The rating environment is more positive than it has been for some time, Brian Schneider, senior director, insurance, Fitch Ratings, told Monte Carlo Today.
10 September 2019 Fitch Ratings does not expect the UK’s departure from the EU to have an immediate impact on ratings, Graham Coutts, senior director, insurance ratings at Fitch, said at the Fitch Ratings Reinsurance Briefing 2019.