Reinsurance M&As won't fix soft pricing: S&P

Standard & Poor's Corp. has said that the ongoing merger & acquisitions trend in the reinsurance sector would not halt the softening of reinsurance pricing or reduce competitive pressures, Artemis.bm reports.

The ratings agency believes the pressures and softening will remain. "Diversified product offerings, larger balance sheets, global scope, and expertise will continue to be differentiating factors for successful reinsurers," said S&P.

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