Equity raises are increasing as pandemic pressures bite - but the future winners and losers are far from clear
As the pandemic stress test continues, re/insurers are preparing for what comes next, including expectations of a hardening market. This is driving a growing trend for equity raises, with some building war chests and some taking advantage of new opportunities, while others look to protect their credit rating in a fight for survival. Intelligent Insurer reports.
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CEO Andrew Horton is bullish on achieving a combined ratio of around 100 percent for the full year.