Hanging in the balance sheets
While some have claimed the market to now officially be soft, one major sticking point that emerged ...
While some have claimed the market to now officially be soft, one major sticking point that emerged recently, concerning shareholder value, may prove the speculation of some pundits to be premature. Andy Homer's assessment in last month's PB interview, that, until reinsurers have rebuilt their balance sheets there will not be an oversupply of capital, began to take shape at the end of June as an AM Best report found European reinsurers' balance sheets to be 'partially restored' (see news p8)
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