Increased portability and efficiency of capital in reinsurance
Friday, 06 26 2015, Category: Insurance and Reinsurance, Country: World
Capital in the international reinsurance industry is more portable and efficient than ever before, thanks to growing interest from investors to access the sector via ILS and other means, according to speakers at a Standard & Poor’s event in London this week.
Discussing the trends that have affected the reinsurance industry in recent years and which have now pushed major reinsurers to look to mergers and acquisitions in a search for the necessary scale, diversification and relevance to be competitive.
“Alternative capital continues to flow into the market quite freely,” Dennis Sugrue, Director and Reinsurance Sector Specialist at Standard & Poor’s explained.