London, 09 December 2015 -- Whilst the global life and property and casualty (P&C) insurance industries both have stable outlooks for 2016, according to Moody's Investors Service, the outlook for the global reinsurance industry is negative, reflecting excess capacity and shrinking demand. In P&C insurance, although global growth will be modest, the rating agency expects still strong growth from emerging markets, despite economic headwinds. In life insurance, profitability will be supported by an intensifying shift in product mix, offset by continued low interest rates.
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