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Global reinsurers' ROE decreases but remains high

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MARC record
Tag12Value
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001  MAP20250013582
003  MAP
005  20250922095334.0
008  250918s20250909usa|||| ||| ||eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎5
1102 ‎$0‎MAPA20080441371‎$a‎A.M. Best Company
24510‎$a‎Global reinsurers' ROE decreases but remains high
260  ‎$a‎New Jersey‎$b‎A.M. Best Company Inc.‎$c‎2025
4900 ‎$a‎Best's special report‎$v‎September 9, 2025
5050 ‎$a‎Principal takeaways -- Global reinsurance composite -- Composite's ROE reaches seven-year high -- Leverage declines again -- Float also decreases -- Tax burden increased due to the one-off benefit in 2023 -- Investment allocations: increases in equities and cash & equivalents
520  ‎$a‎In 2024, reserve leverage for the composite dropped compared to the previous year, led by the Big Four European reinsurers, as most of this group implemented IFRS 17 accounting standards in 2023, except for one of the reinsurers in the group, which implemented IFRS 17 in 2024. This effect led to a lower ROE in 2024 than in 2023
522  ‎$a‎Internacional
650 4‎$0‎MAPA20080602529‎$a‎Mercado de reaseguros
650 4‎$0‎MAPA20080552367‎$a‎Reaseguro
650 4‎$0‎MAPA20130006116‎$a‎Rentabilidad ajustada al riesgo
650 4‎$0‎MAPA20080536947‎$a‎ROE
650 4‎$0‎MAPA20080551285‎$a‎Impuestos
650 4‎$0‎MAPA20080558970‎$a‎Inversiones
650 4‎$0‎MAPA20080545185‎$a‎Ranking
7102 ‎$0‎MAPA20080441371‎$a‎A.M. Best Company
856  ‎$u‎https://www3.ambest.com/ambv/sales/bwpurchase.aspx?record_code=357234&AltSrc=22