OREANDA-NEWS. Fitch Ratings has published a Dashboard Report for the Bermuda (re)insurance sector, summarising yearend financial performance for a group of 15 publicly traded entities with Bermuda operations.

The Bermuda Market (Re)Insurance Dashboard highlights recent market trends, including increased M&A activity, continued profitability in 2014, with low catastrophe losses and favourable reserve development, slight growth in both premiums written and shareholders' equity and flat to reduced pricing trends.

Fitch expects profitability to deteriorate as prices continue to fall and terms and conditions weaken in 2015 across a wide range of lines. In addition, the recent increase in M&A could spark further activity in 2015 as difficult market conditions promote consolidation pressure.

The 'Bermuda Market (Re)Insurance Dashboard' is available at www.fitchratings.com or by clicking the link above.