Major unforeseen event needed to fix rates: Fitch panel


A major event on reinsurers’ asset side or an unexpected massive loss event is needed to reverse a decline in rates, as capacity is unlikely to shrink any time soon, according to participants in a panel discussion organised by Fitch Ratings ahead of the Monte Carlo Rendez-Vous.

Monte Carlo Rendez-Vous 2016, Insurance, Reinsurance, Fitch, North America

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