Merger and acquisition activity in the reinsurance market slowed in 2024 as market conditions shifted to organic growth. (Credit: Image by Shutterstock)

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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Joe Toppe

Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.