Cat losses to hit Q4 reinsurance earnings: Moody’s

19-12-2018

Cat losses to hit Q4 reinsurance earnings: Moody’s

iStock/shironosov

Losses from hurricane Michael and the devastating Camp and Woolsey wildfires in California will feature prominently in the fourth quarter 2018 earnings, resulting in what is likely to be disappointing profitability for many reinsurers for the second consecutive year, according to Moody’s.


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