Cedants centralising reinsurance purchases
Saturday, 11 14 2015, Category: Insurance and Reinsurance, Country: World
Cedants are continuing to enjoy favourable conditions in North America while centralising their reinsurance purchases.
This is the finding of panellists at the 2015 Bermuda Reinsurance Conference, sponsored by Standard & Poor’s and PwC Bermuda.
According to the panellists, the purchase of reinsurance protection has steadily moved into a centralised function at the holding company level.
Source: Intelligent Insurer