Fitch maintains negative reinsurance outlook for 2016

Fitch has said it is maintaining a negative outlook for the
reinsurance sector in 2016, highlighting concerns over
reinsurers' ability to manage change, M&A and the impact of
alternative capital.
In its latest Global Reinsurance Dashboard, the ratings
agency said that the January renewals season had demonstrated that
no pricing floor had yet been reached for global P&C
reinsurance.
The agency added that it expected the recent rise in M&A
activity among traditional reinsurers to have