Demand for custom reinsurance grows
Tuesday, 09 20 2016, Category: Insurance and Reinsurance, Country: World
Insurers are becoming more sophisticated in their reinsurance purchasing and there is increasing demand for customised and strategic solutions, according to a new report from Swiss Re.
It says insurers and large corporations are moving to centralise reinsurance buying across lines of business and territories.
This has been driven by industry consolidation, globalisation of risks, technological innovation and regulatory reform.
Source: Insurance News – Australia