Moody's Rates: Reinsurers' First Quarter Results Improve Despite High Losses From Natural Disasters

Moody's analyst, Lalini Karviho Neff talks to Focus on Finance about global reinsurers' first quarter results. Reinsurers performed relatively well during the first quarter of 2023 despite elevated levels of catastrophe losses. The sector's good underwriting profitability partially reflected the positive impact of higher pricing and better terms and conditions obtained by reinsurers in the latest contract renewal period.