Share on Facebook Share on Twitter Share on Google+ Share on Linkedin A new report from S&P Global says the strong capital position in the reinsurance sector makes it more resilient to extreme events. Meanwhile, demand for cover against high-probability exposure has fallen and most reinsurers have taken defensive actions, retroceding more high-frequency risk. As earnings deteriorate, however, some reinsurers’ exposure to one-in-10 year events has increased. Due to increased Cat exposures, S&P Global says reinsurers are now twice as likely not to break even in a calendar year as they were in 2012. In fact, if reinsurers experience a slightly above average catastrophe year, the sector could move into unprofitable underwriting territories.” FOr a copy of the report, visit the S&P Global website.