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International

Recent Japan, Ecuador quakes likely to hit insurer and reinsurer earnings

April 21, 2016 Reprints

Analysts at Morgan Stanley have said that the recent devastating quakes in Ecuador and Japan will likely affect the earnings of insurers and reinsurers in the second quarter of this year, Artemis.bm reports.

The analysts also said that the perception of catastrophe risks among the insurers and reinsurers could be heightened. Meanwhile, analysts at U.K.-based advisory firm Peel Hunt L.L.P. have said that Lloyd's of London insurers and reinsurers will also likely face losses from the Japan quakes.

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Recent Japan, Ecuador quakes likely to hit insurer and reinsurer earnings

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