Retro-reinsurance market to be hit with large portion of HIM losses: A.M. Best

Sat, 01/13/2018 - 15:45
by Marianne Lehnis

Due to the aggregation of losses from hurricanes Harvey, Irma, and Maria (HIM) the retro-reinsurance market is expected to cover much of the HIM losses, significantly impacting reinsurers earnings but falling short of a capital event, according to A.M. Best.

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