image credit: Adobe Stock

A brighter earnings outlook for reinsurance: Moody’s

March 23, 2023

In a new report, rating agency Moody’s Investors Service has highlighted the much improved outlook for reinsurance-linked returns, through its comments on the big four reinsurers.

The report details the challenges faced, including a reduction in earnings in 2022 for many of the major reinsurance firms, driven by claims loads, inflation and catastrophe risk, as well as investment side challenges.

But now, with reported reinsurance price increases from the big four reinsurers as high as 18.8% for some market segments, Moody’s says brighter earnings prospects are ahead.

Read More on Artemis BM