Fitch: Reinsurance Demand Rises through Solvency II
Fitch expects that Solvency II will increase demand for reinsurance products as insurers can strengthen their capital positions through risk transfers that reduce volatility or improve the certainty of cash flows, Expert-Blog Artemis is writing according to Fitch Ratings.
The biggest beneficiaries of new businesses Fitch expects to be "the financially strongest reinsurers in the EU." Also the domiciles or markets which have sought Solvency II equivalence, particularly in commoditised reinsurance lines will benefit. Bermuda and Switzerland have reached equivalence. (vwh/ku)