Reinsurance stocks could become less attractive to investors as growing competition and "creative destruction" from the insurance-linked securities (ILS) market erodes traditional reinsurers' earnings, according to analysts at Goldman Sachs.
Reinsurance stocks could become less attractive to investors as growing competition and "creative destruction" from the insurance-linked securities (ILS) market erodes traditional reinsurers' earnings, according to analysts at Goldman Sachs.