S&P Global Ratings’ Director and Lead Analyst, Ali Karakuyu, has stated that the global reinsurance sector is well-prepared to handle a large tail, 1-in-200 year catastrophe event. Karakuyu emphasized that the sector’s capitalization and stress tests would enable it to manage such an event effectively. While the impact would vary among companies, Karakuyu expressed confidence in the sector’s ability to recover and capitalize on any dislocation. He noted that S&P Global Ratings has maintained a stable outlook for the global reinsurance sector since 2023.
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