Filed Under:Risk Management, Loss Control

Moody’s: Thailand Floods to ‘Meaningfully Hit’ Reinsurers’ 4Q Results

NU Online News Service, Dec. 12, 11:27 a.m. EST

After taking into account estimated Thailand-flood losses at Swiss Re and Munich Re, Moody’s Investors Service says it expects the event to “meaningfully hit” the reinsurance industry’s fourth-quarter results, but notes that it should also add to the current momentum for price hardening.

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