Aon Benfield highlights uncertain times for reinsurers

A derailed "covered agreement", substantial US tax
reforms and/or the failure to resolve the assignment-of-benefits
crisis in Florida could all disrupt the American reinsurance
market, according to a report from Aon Benfield.
In global terms, the company said in a summary today (11 April)
that market participants on an aggregate basis produced an 8.4
percent return on equity in 2016. It said the industrywide combine
ratio stood at 93.5 percent for the year.
But looking at underwriting profit, wh