Fitch Ratings Publishes 2021 Global Reinsurance Guide

(The following statement was released by the rating agency) Related Fitch Ratings Content: Global Reinsurance Guide 2021 (https://www.fitchratings.com/site/re/10136162) Fitch Ratings-London-15 September 2020: Fitch Ratings has published the 11th edition of its "Global Reinsurance Guide". This document provides reinsurance brokers, security committees and reinsurance investors with the agency's latest research and views on the global reinsurance sector. The "2021 Outlook: Global Reinsurance" report discusses the key drivers behind the negative sector outlook. The report highlights the issues that Fitch expects to affect reinsurers during 2021. These issues include: - Ultimate losses for the coronavirus pandemic - Risk-adjusted price rises - Stalling growth in alternative capital capacity The "Global Reinsurers: Mid-Year 2020 Results" report provides a review of the financial results and performance highlights released during the 1H20 reporting period by Fitch's monitored universe of reinsurers. The "European Reinsurance: Peer Review" report outlines Fitch's views on the key credit factors of the four major European reinsurance organisations: Hannover Re; Munich Re; SCOR and Swiss Re. The "Asian Reinsurance Markets" report explores the improving pricing environment against the backdrop of the coronavirus pandemic. The report also discusses M&A activity in Asian reinsurance, changes in regulation and the gradual pick-up of interest in insurance-linked securities. The "Reinsurance in Latin America" report discusses the smaller natural catastrophe losses in 2019 than in 2018 and the impact of the coronavirus pandemic on earnings. The report also discusses the importance of reinsurance protection against natural catastrophe claims for local primary insurers. The guide is available on www.fitchratings.com or by clicking the link above. Contact: Robert Mazzuoli Director +49 69 768 076 167 Fitch Ratings - a branch of Fitch Ratings Ireland Limited Neue Mainzer Strasse 46 - 50 Frankfurt am Main D-60311 Brian Schneider Senior Director +1 312 606 2321 Media Relations: Athos Larkou, London, Tel: +44 20 3530 1549, Email: athos.larkou@thefitchgroup.com Additional information is available on www.fitchratings.com ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTPS://WWW.FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. 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