- 5,312

Spike in Recent Ratings Downgrades Shows Challenges for US Insurers
Negative ratings actions and financial challenges are forcing carriers to explore reinsurance options offering needed capital, according to a report

Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
the irony that most insurance carriers are experiencing record losses, AM best regulatory downgrades or outlook downgrades, but reinsurers are posting record profits...............................Sooooooo, guessing this means reinsurers have either rasied reinsurers premiums and/or raised carrier retention limits and/or ended reinsuring some carriers in some markets/areas of control and/or all of the above. Meaning carriers are holding more of the underlying risk on individual properties, more of the cat losses & paying more in expenses to purchase reinsurance if available. That is the only way I can dream up that the carriers are having record losses while reinsuers are posting record profits.
View attachment 11525