Reinsurance is pivotal to keeping insurers going in the wake of such as major insurable disasters as hurricanes and wildfires. This is where insurance professionals will find the information they need about the state of the insurance industry, managing risks, and how to navigate the most impactful events of our time.
After taking into account estimated Thailand-flood losses at Swiss Re and Munich Re, Moodys Investors Service says it expects the event to meaningfully hit the reinsurance industrys fourth-quarter results, but notes that it should also add to the current momentum for price hardening.
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