NU Online News Service, April 6, 3:07 p.m. EDT
The impact from the Japan earthquake and tsunami may be felt by reinsurance company stockholders if companies decide to buffer their earnings with a suspension of stock buyback programs, a report from Moody's says.
In its "Reinsurance Monitor" report, Kevin Lee and James Eck, both vice presidents and senior credit officers for Moody's, say that with the reinsurance industry sustaining the majority of insured losses from the March 11 catastrophe event, companies will be seeking to replace capital.
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