Fitch: Underwriting Profitability “Should Return”

“Bermuda [re]insurers should return to underwriting profitability in 2022, as combined ratio improvement and continued premium rate increases more than offset increased catastrophic losses,” according to Fitch Ratings. A statement from the ratings agency said, “Fitch expects pricing to continue to rise but at a declining rate for [re]insurers through midyear 2022 renewals, with continued […]

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