NU Online News Service, Nov. 12, 2:48 p.m. EST

Fitch Ratings said it has revised its global reinsurance industry outlook to stable from negative, citing relative improvements in the capital markets, macroeconomic conditions and reinsurance companies' strong financial performance.

The New York rating firm said improvements in capital market conditions have sufficiently eased concerns regarding reinsurers' ability to access the capital markets on reasonable terms following a significant catastrophic event.

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