Excess capacity, new capital main concern of reinsurance industry
Thursday, 07 16 2015, Category: Insurance and Reinsurance, Country: World
The main concern cited by reinsurance industry participants in response to a recent survey is current market conditions. The concern centres on soft reinsurance market conditions, created by excess capacity and the influx of ‘new capital’.
The annual ‘Insurance Banana Skins’ survey is back for 2015, with PwC and non-profit think tank the Centre for the Study of Financial Innovation again teaming up to identify what keeps insurance and reinsurance industry participants up at night.