Reinsurance capital at record $585bn
Saturday, 09 10 2016, Category: Insurance and Reinsurance, Country: World
An Aon Benfield Aggregate (ABA) report from the reinsurance broker saw a 4% rise in capital across traditional and alternative reinsurance in 2016’s first half.
Alternative reinsurance capital was up 5% rise to $75bn in the first six months of 2016, while traditional capital rose by 3% to hit $510bn.
The ABA report saw an overall 4% rise to reach a record $585bn.
The alternative capital rise came from additional deployment into collateralized reinsurance structures, said the reinsurance broker.