Mounting Catastrophe Claims Could Weaken Re/Insurers’ Capital Reserves: Fitch

Ratings downgrades for global insurers and reinsurers are becoming more probable as they face more than $100 billion in 2017 catastrophe losses, a figure that threatens to weaken their capital reserves, Fitch Ratings Inc. said in a report on Tuesday. …
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Mounting Catastrophe Claims Could Weaken Re/Insurers’ Capital Reserves: Fitch was originally posted by ClaimsMate.com Insurance Information Resources