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Beyond reinsurance, utilizing property improvement insights empowers carriers to price more competitively, underwrite more efficiently and lower loss ratios across the board. The Fitch report says there is mounting evidence climate change is affecting insurance claims, and will continue to do so in 2020. (Photo: Shutterstock)

Fitch Ratings asserts the outlook for the global reinsurance sector in 2020 is stable. In their report, “Fitch 2020 Outlook: Global Reinsurance,” Fitch says it expects premium rates will continue to rise slightly, but profitability will remain subdued as risk-adjusted prices and investment yields remain low amid a weak global economic outlook.

Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As Associate Editor of NU Property & Casualty magazine and NU Propertycasualty360.com, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. Danielle heads PC360's video production, producing news packages, video interviews, and animated videos. A University of Maryland and Philip Merrill College of Journalism alum, prior to this role, Danielle served as a video journalist for Verizon FiOS 1 News NJ on the show "Push Pause." Connect with Danielle on LinkedIn or email her at dling@alm.com.

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