Fitch Says European Reinsurers' 2022 Results Hit By Weaker Underwriting And Investment Losses

March 24, 2023 03:51 AM AEDT | By Reuters
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March 23 (Reuters) - FITCH:

* FITCH: EUROPEAN REINSURERS' 2022 RESULTS HIT BY WEAKER UNDERWRITING AND INVESTMENT LOSSES

* FITCH: MOMENTUM OF PRICE INCREASES ACROSS LARGE PARTS OF BUSINESS UP FOR RENEWAL IN JAN 2023 ROSE VERSUS 2022 FOR ALL FOUR MAJOR EUROPEAN REINSURERS

* FITCH-BELIEVE HARD MARKET ENVIRONMENT WITH BETTER PRICES, TERMS & CONDITIONS WILL HELP TO IMPROVE UNDERWRITING MARGINS FOR EUROPEAN REINSURERS IN 2023 Source text for Eikon:


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