In its December review, Fitch Ratings has suggested that the large global reinsurers peer group’s capitalisation remains strong and that earnings have recovered.
Insurers in this peer group include Hannover Re, Lloyd’s, Munich Re, PartnerRe, SCOR, and Swiss Re.
According to the rating agency, capital adequacy of all global reinsurers in the peer group, as measured by its risk-based Prism Factor-Based Capital Model, remained at least ‘Strong’ at end-2021.