Reinsurers survived 2016 in 'reasonable' shape: AM Best

Despite pressures from overcapitalization and persistent low rates,
reinsurers as a class will still post "reasonable"
results for 2016, credit-rating company AM Best said, citing the
lack of large US catastrophe losses and favourable reserve
developments.
In some areas, AM Best said headwinds that have buffeted the
industry appear to be dying off.
"We may be nearing the bottom of the soft market as brokers
are experiencing greater difficulty filling out under-priced
programs and demands for fur