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Stock impact report

Global reinsurers grew capital robustly in 2019, although underlying returns remain low: Willis Re

Willis Towers Watson Public Limited Company - Ordinary Shares (WLTW) 
Last willis towers watson public limited company - ordinary shares earnings: 4/30 06:01 am Check Earnings Report
US:NASDAQ Investor Relations: investors.willistowerswatson.com
Company Research Source: GlobeNewswire
LONDON, April 27, 2020 (GLOBE NEWSWIRE) -- Total capital dedicated to the global reinsurance industry measured US$605 billion at year-end 2019, reflecting robust 15% year-on-year growth. This was primarily driven by 2019’s strong investment market performance and was achieved despite a 3% contraction in alternative capital, according to the latest Reinsurance Market Report from Willis Re, the reinsurance business of leading global advisory, broking and solutions company Willis Towers Watson (NASDAQ: WLTW). Year-to-date 2020, much of this expansion will have unwound, due to the steep sell-off in equity and corporate bond markets. The significant swings in investment markets in March and April 2020 have resulted in year-to-date impacts to the global reinsurance capital base ranging from –5% to as much as –20%. Willis Re conducts a more in-depth analysis on a subset1 of 18 reinsurers. The reported return on equity (RoE) for the subset increased significantly, from 4.2% in 2018 to 9.7 Show less Read more
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