European Reinsurers Are Going Through a Reserving Transition Period -- Market Talk

Dow Jones09-18

1022 GMT - European reinsurers are expected to keep operating in a hard market in 2025 given demand drivers remain in place and there is a lack of material influx of new capital, Goldman Sachs says in a research note. "We believe that this points to a relatively balanced supply-demand picture as the reinsurers continue to focus on delivering consistent and sustainable returns," the analysts write. They expect the benefits of a hard market to hit the bottom line of Munich Re--which it initiates at buy--as its reserves are full and see upside risks to life earnings from financial-motivated reinsurance, they note. Swiss Re--rated neutral--is changing its reserving approach and is focused on building resilience, which supports the long-term story, reducing short-term upside risks, they add. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

September 18, 2024 06:23 ET (10:23 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2468309351?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-18 18:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2468309351","market":"other","top_or_hot":-1,"title":"European Reinsurers Are Going Through a Reserving Transition Period -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1022 GMT - European reinsurers are expected to keep operating in a hard market in 2025 given demand drivers remain in place and there is a lack of material influx of new capital, Goldman Sachs says in a research note. \"We believe that this points to a relatively balanced supply-demand picture as the reinsurers continue to focus on delivering consistent and sustainable returns,\" the analysts write. They expect the benefits of a hard market to hit the bottom line of Munich Re--which it initiates at buy--as its reserves are full and see upside risks to life earnings from financial-motivated reinsurance, they note. Swiss Re--rated neutral--is changing its reserving approach and is focused on building resilience, which supports the long-term story, reducing short-term upside risks, they add. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 18, 2024 06:23 ET (10:23 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>European Reinsurers Are Going Through a Reserving Transition Period -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEuropean Reinsurers Are Going Through a Reserving Transition Period -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-18 18:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>1022 GMT - European reinsurers are expected to keep operating in a hard market in 2025 given demand drivers remain in place and there is a lack of material influx of new capital, Goldman Sachs says in...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MURGY","symbol_name":"Muenchener Rueckver Ges","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2468309351","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2468309351","pubTimestamp":1726654980,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1022 GMT - European reinsurers are expected to keep operating in a hard market in 2025 given demand drivers remain in place and there is a lack of material influx of new capital, Goldman Sachs says in a research note. \"We believe that this points to a relatively balanced supply-demand picture as the reinsurers continue to focus on delivering consistent and sustainable returns,\" the analysts write. They expect the benefits of a hard market to hit the bottom line of Munich Re--which it initiates at buy--as its reserves are full and see upside risks to life earnings from financial-motivated reinsurance, they note. Swiss Re--rated neutral--is changing its reserving approach and is focused on building resilience, which supports the long-term story, reducing short-term upside risks, they add. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MURGY":"Muenchener Rueckver Ges","BK4019":"再保险"},"translate_title":"欧洲再保险公司正在经历储备过渡期——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MURGY":0.9},"content_text":"1022 GMT - European reinsurers are expected to keep operating in a hard market in 2025 given demand drivers remain in place and there is a lack of material influx of new capital, Goldman Sachs says in a research note. \"We believe that this points to a relatively balanced supply-demand picture as the reinsurers continue to focus on delivering consistent and sustainable returns,\" the analysts write. They expect the benefits of a hard market to hit the bottom line of Munich Re--which it initiates at buy--as its reserves are full and see upside risks to life earnings from financial-motivated reinsurance, they note. Swiss Re--rated neutral--is changing its reserving approach and is focused on building resilience, which supports the long-term story, reducing short-term upside risks, they add. (elena.vardon@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 18, 2024 06:23 ET (10:23 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2468309351"}