S&P raises global reinsurance outlook to stable from negative
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S&P raises global reinsurance outlook to stable from negative

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S&P Global Ratings has revised its view of the global reinsurance sector to stable from negative, citing rising rates and tighter terms and conditions leading to “the hardest market in decades”.

The ratings agency said that “much-needed structural changes that emerged in reinsurance writing” during the 2023 changed the outlook of the global reinsurance sector, shifting pricing power back to reinsurers.

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