Global reinsurance companies should continue seeing favorable earnings for the rest of 2024 and into 2025, according to a recent report by Fitch Ratings.
Non-life reinsurers posted improved underwriting profitability in the first half of 2024 from the first half of 2023, with manageable losses from catastrophes, the data showed. Premium growth is also likely to continue, although at a slowed rate amid a more competitive market.
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