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International

Reinsurance market outlook negative

March 25, 2015 Reprints

Mark Murray, senior vice president at Guy Carpenter & Co. L.L.C., said that the four major rating agencies' negative outlook on the global reinsurance market is due to concerns over sector's ability to draw new capital and deal with new entrants, BNamericas reported.

Standard & Poor's Corp., A.M. Best Co. Inc., Fitch Ratings Ltd. and Moody's Investors Service Inc. all have a negative outlook for the global reinsurance industry.

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Reinsurance market outlook negative

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