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A.M.BestTV: 'First Monday' Review & Preview: Global Reinsurance Market in Midst of Mergers and Acquisitions WaveIn this final of four "First Monday" episodes exploring the U.S. insurance industry, A.M. Best Vice President Robert DeRose, Managing Senior Financial Analyst Greg Reisner and Senior Financial Analyst Mariza Costa discuss the global reinsurance sector. Click on http://www.ambest.com/v.asp?v=fmreinsurance315 to view the video program. "First Monday" is A.M. Best's monthly program featuring commentary by the company's leading analysts. In this episode, DeRose, Reisner and Costa focus on the growing trend of mergers and acquisitions (M&A) in the global reinsurance sector as market conditions continue to stifle organic growth. "A.M. Best expects M&As to continue in 2015, as long as the market dynamics remain where they are today, with excess supply chasing dwindling demand," said DeRose. "The greatest pressure is in the U.S. property catastrophe area." All three agreed that excess reinsurance capacity, shrinking reinsurance panels and a greater focus by cedents on size and financial strength have had a negative impact on the industry. In August 2014, A.M. Best revised its outlook on the global reinsurance industry to negative from stable. Recent episodes of A.M.BestTV include:
A.M.BestTV covers exclusive A.M. Best information and reports, targeted topics and key developments in the (re)insurance industry every Monday, Wednesday and Friday. Sign up for alerts of episodes at http://www.ambest.com/multimedia/ambtvsignup.html. View A.M.BestTV episodes at http://www.ambest.tv. A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com. Copyright © 2015 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.
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