Fitch: Strong reinsurance underwriting results to continue into 2024

Published: Tue 10 Oct 2023

Global reinsurers are likely to see underwriting results remain favourable in the second half of 2023 and into 2024 as rate increases continue to outpace loss cost trends, according to Fitch Ratings, which highlighted firms’ solid underwriting profits, favourable reserve development and overall growth in net premiums written in the first six months of the year.