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Reinsurance environment remains 'less than optimal': A.M. Best

Posted On: Aug. 28, 2019 5:46 AM CST

Reinsurer competition

U.S.-based ratings agency A.M. Best Co. said that the global reinsurance operating environment remains "less than optimal" for traditional reinsurers, Artemis reports. The rating agency believes that the market remains incredibly competitive and that major reinsurers continue to utilize reserve releases to remain profitable.

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