Wafa Assurance: results at end-June 2025

Published on September 2, 2025
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Magazine Issue: 
Artificial intelligence: prospects and challenges
Magazine date: 
Jul 2025

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Fitch Ratings has revised its global reinsurance sector outlook to ‘deteriorating’ from ‘neutral,’ anticipating moderately weaker, but still sound, operational and business conditions in 2026.The ratings agency expects abundant capacity and rising competition across most property lines to gradually erode prices, while rising claims costs—driven by more frequent and severe catastrophe losses and pe