Please Note
We brought you to this page based on your search query. If this isn't what you are looking for, you can continue to Search Results for ""
The maximum number of items you can export is 3,000. Please reduce your list by using the filtering tool to the left.
Você está prestes a deixar o site local do Brasil e será direcionado ao site global. Deseja continuar?
Não exibir esta mensagem novamente
Email Research
Recipient email addresses will not be used in mailing lists or redistributed.

Use semicolon to separate each address, limit to 20 addresses.
Enter the
characters you see
Email Research
Thank you for your interest in sharing Moody's Research. You have reached the daily limit of Research email sharings.
Thank you!
You have successfully sent the research.
Please note: some research requires a paid subscription in order to access.
Already a customer?
Don't want to see this again?
Accept our Terms of Use to continue to


By clicking “I AGREE” [at the end of this document], you indicate that you understand and intend these terms and conditions to be the legal equivalent of a signed, written contract and equally binding, and that you accept such terms and conditions as a condition of viewing any and all Moody’s inform​ation that becomes accessible to you [after clicking “I AGREE”] (the “Information”).   References herein to “Moody’s” include Moody’s Corporation, Inc. and each of its subsidiaries and affiliates.

Terms of One-Time Website Use

1.            Unless you have entered into an express written contract with Moody’s to the contrary, you agree that you have no right to use the Information in a commercial or public setting and no right to copy it, save it, print it, sell it, or publish or distribute any portion of it in any form.               

2.            You acknowledge and agree that Moody’s credit ratings: (i) are current opinions of the future relative creditworthiness of securities and address no other risk; and (ii) are not statements of current or historical fact or recommendations to purchase, hold or sell particular securities.  Moody’s credit ratings and publications are not intended for retail investors, and it would be reckless and inappropriate for retail investors to use Moody’s credit ratings and publications when making an investment decision.  No warranty, express or implied, as the accuracy, timeliness, completeness, merchantability or fitness for any particular purpose of any Moody’s credit rating is given or made by Moody’s in any form whatsoever.          

3.            To the extent permitted by law, Moody’s and its directors, officers, employees, representatives, licensors and suppliers disclaim liability for: (i) any indirect, special, consequential, or incidental losses or damages whatsoever arising from or in connection with use of the Information; and (ii) any direct or compensatory damages caused to any person or entity, including but not limited to by any negligence (but excluding fraud or any other type of liability that by law cannot be excluded) on the part of Moody’s or any of its directors, officers, employees, agents, representatives, licensors or suppliers, arising from or in connection with use of the Information.

4.            You agree to read [and be bound by] the more detailed disclosures regarding Moody’s ratings and the limitations of Moody’s liability included in the Information.     

5.            You agree that any disputes relating to this agreement or your use of the Information, whether sounding in contract, tort, statute or otherwise, shall be governed by the laws of the State of New York and shall be subject to the exclusive jurisdiction of the courts of the State of New York located in the City and County of New York, Borough of Manhattan.​​​


Moody's: Stable outlook for global reinsurers on balance sheet strength and sector consolidation

 The document has been translated in other languages

04 Sep 2018

New York, September 04, 2018 -- The outlook for the global reinsurance sector for the next 12 to 18 months remains stable on the back of strong balance sheets, sector consolidation through M&A and rising profits, says Moody's Investors Service in a report published today.

Moody's report, "Reinsurance -- Global: Strong capital and sector consolidation drive stable outlook", is available on Moody's subscribers can access this report via the link provided at the end of this press release. The rating agency's report is an update to the markets and does not constitute a rating action.

"Good risk management and underwriting discipline mean reinsurers' balance sheets remain strong, while modest price hikes following the severe natural catastrophe events in 2017 and higher interest rates will bolster profits. Both factors underpin the continued stable outlook on the sector into 2019," says James Eck, Vice President -- Senior Credit Officer at Moody's. "Recent M&A, diversification initiatives and corporate strategy shifts have also improved reinsurers' overall credit profiles."

Demand from primary companies has increased, alleviating some of the imbalance between supply and demand. However, weak pricing power during the mid-year reinsurance renewals suggests it may be harder to maintain pricing gains moving into the key January 2019 renewals.

M&A activity will continue in the sector as reinsurers push to increase scale and diversification, and improve profitability via capital efficiencies and cost reductions. Remaining reinsurers are stronger and more resilient. Smaller reinsurers, which have been more acutely affected by the evolution in reinsurance, will feel more pressure to find a larger partner.

Alternative capital vehicles will provide a competitive advantage for reinsurers with strong risk modelling capabilities and marketable underwriting skills. While alternative capital has strained reinsurance pricing and profitability for years, it has also enabled reinsurers to lower their total cost of capital, helping them manage peak risk exposures and improve risk-adjusted returns.

Climate change issues are becoming more prominent for reinsurers, as the frequency of weather-related catastrophes increases, presenting opportunities for reinsurers to tap demand growth associated with climate risk adaptation strategies.

Technology and innovation provide increased efficiencies and growth opportunities, allowing reinsurers to benefit from the more efficient administration of key workflows. Advances in technology and partnerships with tech start-ups will allow reinsurers to access untapped markets.

Subscribers can access the report at:

NOTE TO JOURNALISTS ONLY: For more information, please call one of our global press information hotlines: London +44-20-7772-5456, New York +1-212-553-0376, Tokyo +813-5408-4110, Hong Kong +852-3758-1350, Sydney +61-2-9270-8141, Mexico City 001-888-779-5833, São Paulo 0800-891-2518, or Buenos Aires 0800-666-3506. You can also email us at or visit our web site at

This publication does not announce a credit rating action. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on for the most updated credit rating action information and rating history.

James Eck
VP - Senior Credit Officer
Financial Institutions Group
Moody's Investors Service, Inc.
250 Greenwich Street
New York, NY 10007
JOURNALISTS: 1 212 553 0376
Client Service: 1 212 553 1653

Sarah Hibler
Associate Managing Director
Financial Institutions Group
JOURNALISTS: 1 212 553 0376
Client Service: 1 212 553 1653

Releasing Office:
Moody's Investors Service, Inc.
250 Greenwich Street
New York, NY 10007
JOURNALISTS: 1 212 553 0376
Client Service: 1 212 553 1653

No Related Data.