U.S.-Bermuda reinsurers well capitalized as composite’s combined ratio improves three points, said Gregory Dickerson, director, AM Best.
Reinsurers that can balance long-term strategies with effective tactical decisions and sound risk management can still meet, even exceed, return expectations, said AM Best Senior Director Sridhar Manyem and Industry Analyst Helen Andersen.
Expensive new treatments and therapies, as well as pressure on capital associated with government business, are driving greater demand for health reinsurance, said Doniella Pliss, director, AM Best.
Despite the current lull, parts of Latin America are prone to hurricanes, earthquakes and other major disasters, said AM Best Director Eli Sanchez and Financial Analyst Ricardo Rodriguez Perez.
Optimism is being countered by an uncertain environment due to underwriting, economic, social and geopolitical factors, said Carlos Wong-Fupuy, senior director, AM Best.
