FairFacts Posted February 21, 2018 Share Posted February 21, 2018 Interesting article in the WSJ yesterday. The gist of it is that loose monetary policy is opening up new ways for insurers to spread risk, pressurizing rates for the reinsurers. "Reinsurers fared poorly in January during annual price-renewal negotiations with insurers, according to industry analysts, with easy money opening up new ways for insurers to spread risk beyond reinsurers, such as issuing bonds, pressuring prices." Overall is this good or bad for Fairfax. On one hand it should cost less to reinsure for the inurance bussinesses which should be positive but negative for Odyssey's reinsurance business. Link to comment Share on other sites More sharing options...
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