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Member, Beacon International Group, Ltd.
Analysts at Moody's Investor's Service Inc. have said that the current reinsurance market trends are both positive and negative for insurers, Artemis.bm reported.
A Moody's analyst said that "insurers will once again get the better of reinsurers in 2015," but added that "this gravy train cannot go on indefinitely without some negative consequences for insurers."
The abundance of traditional and alternative reinsurance capital that is readily available could benefit insurers.
But this could, over a period of time, result in intense competition among primary insurers.