More pressure for GCC reinsurance: Moody???s
In a recent report, Moody's Investors Service has said that overcapacity in the GCC's reinsurance market, which has led to further softening of reinsurance rates, will continue to add pressure to Gulf reinsurers' financial profiles. The GCC (Gulf Cooperation Council) reinsurance market is characterised by overcapacity, with many international and local players competing for reinsurance […]
