Reinsurance returns 'delicately poised': Vickers

The global reinsurance market's returns are "delicately
poised" despite a seemingly robust reported return on equity
(RoE), according to Willis Re International chairman James
Vickers.
Speaking to The Insurance Insider on
the release of the broker's Reinsurance Market Report for 2016,
Vickers said that, adjusted for normalised cat losses and stripping
out reserve releases, the market's underlying RoE had dropped
from 5.6 percent in 2014 to 3.3 percent last year.
The subset of global reinsurers i