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A.M. Best notes that in 2009, its U.S. and Bermuda reinsurance market composite posted a 16 percent ROE. In 2006, it posted a 19 percent ROE. “At that time,” A.M. Best comments in its latest Review/Preview analysis, “most market participants and observers knew that 2006 was likely the high- water mark for property and casualty returns. What most didn’t know then was that by the end of 2012, the U.S. and Bermuda reinsurance market would struggle to post the round number of 10 percent and would be challenged to post double-digit returns over the intermediate term.”Recommended Stories
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