Reinsurers outperform wider market amid geopolitical and currency stress: RBC Capital Markets

Bi-Weekly Geopolitical Report - The War in Iran and the End of US Hegemony (April 20, 2026)

by Patrick Fearon-Hernandez, CFA  | PDF In a Bi-Weekly Geopolitical Report late last year, we argued that the 2025 trade dispute between the United States and China revealed just how dramatically Beijing has increased its comprehensive power — military, political, economic, and technological. We argued that China’s comprehensive power may now rival or even surpass that of the US, potentially ending the US’s traditional role as the global hegemon…

Reinsurers outperform wider market amid geopolitical and currency stress: RBC Capital Markets

Reinsurers have outperformed the wider market since the start of the Iran conflict, with the sector remaining resilient as it enters Q1 2026 despite facing currency headwinds and a more competitive pricing environment, according to RBC Capital Markets. Of Europe’s big four reinsurers, SCOR has reportedly been the top performer, driven by the improved capital generation outlook while it continues to strengthen its P&C reserve buffers. The company…