Reinsurers maintain profitability but RoEs decline: Willis Re

Reserve releases played a significant role in helping reinsurers
make a profit for the first half of 2016, according to a
reinsurance market report from Willis Re.
The broker's index tracking the annual financial performance
of the major reinsurance companies found that average return on
equity (RoE) had declined from 10.4 percent at the end of June 2015
to 8.3 percent at the end of June 2016.
The fall was largely due to an increase in catastrophe losses.
The first...