Moody’s Talks – Insurance Credit Podcast
September 19th, 2018 (6.30mins)
Associate Managing Director Sarah Hibler and Senior Credit Officer James Eck discuss the reasons behind our stable outlook for the reinsurance sector. They discuss how, faced with pricing pressures stemming from excess capacity in reinsurance, reinsurers have used M&A as well as alternative capital strategies to enhance their competitive positions. In the years to come, a changing climate featuring more frequent and more severe storms will drive demand for reinsurance. It will also drive demand for risk transfer solutions related to the extreme weather, and for property and liability coverage of related to the ongoing transition to clean power and renewable energy.