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BRIEF-‍Fitch says reinsurance outlook negative amid weak yields, prices​
September 5, 2017 / 1:37 PM / 16 days ago

BRIEF-‍Fitch says reinsurance outlook negative amid weak yields, prices​

Sept 5 (Reuters) - Fitch:‍

* Fitch says reinsurance outlook negative amid weak yields, prices​

* Fitch -‍outlook for global reinsurance sector in 2018 remains negative as profits will come under further pressure from falling prices, low investment yields​

* Fitch says ‍strong capitalisation across reinsurance sector means we do not expect any significant impact on ratings over next 12 to 18 months​

* Fitch says ‍reinsurance catastrophe losses were below average in h1 2017, which will help sector absorb hurricane Harvey-related losses in h2

* Fitch on global reinsurers - ‍hurricane harvey may leave some reinsurers close to exhausting their catastrophe budgets for year​ Source text for Eikon:

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