image credit: Pxhere

Non-life insurers could deliver best ROEs in a decade: analysts

December 6, 2021

Analysts at Bank of America Securities believe that the fundamentals for non-life insurers remain attractive going into 2022, and predict that the sector is on track to deliver its best returns on equity (ROEs) in over a decade.

Overall, analysts expect to see continued positive pricing dynamics in commercial non-life next year, with reinsurance expected to earn-through into improving combined ratios and attractive ROEs.

In reinsurance, the pricing outlook was seen to firm noticeably in Q3 following significant industry losses from the European floods and Hurricane Ida.

Read More on Reinsurance News