Concerns over COVID-19 leads to global reinsurance outlook downgrade

23-03-2020

Concerns over COVID-19 leads to global reinsurance outlook downgrade

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Fitch Ratings has revised its outlook of the global reinsurance sector to negative from stable citing "increased concerns over COVID-19" and related impacts on the credit quality of reinsurers, while noting that the sector faced pressures from a competitive market environment and low investment yields even before the coronavirus outbreak.


Fitch Ratings, Coronavirus, Insurance, Reinsurance, Life & health insurance, Global

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