Will Reinsurers Gain From Top of Cycle?

International Editor

Baden-Baden, Germany

Over the past year-and-a-half, the downgrades of reinsurers made by Standard & Poors stem from the poor current profitability of many companies and poor expected profitability, rather than their capital positions, according to Mark Puccia, managing director for S&P in New York and chief quality officer.

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