Ratings

Rating firm Standard & Poor's has said the lack of catastrophes across the first nine months of the year and the better than expected performance of the equities market is easing fears over the impact of a major catastrophe on the reinsurance sector.

A study by UK risk management association AIRMIC has found insurer security is still the biggest concern for its membership when it comes to choosing a risk carrier.

As reinsurers head for Monte Carlo rating firm Fitch says the sector’s underwriters are still viewed on a negative outlook amid fears over the impact of a major catastrophe. 

A M Best has issued a new report in the impact of Solvency II on the captive market and said it believed that that owners will look to pump more capital into the captives when solvency Ii is implemented in18 months.

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