European buyers seek deeper dialogue with tier 1 reinsurers
Monday, 10 24 2016, Category: Insurance and Reinsurance, Country: Europe
Many of the large European buyers have ‘tiered’ their reinsurance panels in recent years and as a result are forming much deeper business partnerships with their bigger ‘tier 1’ reinsurance partners that transcend risk management and are also heavily entwined in capital relief.
That is the view of Jean-Jacques Henchoz, chief executive officer reinsurance EMEA, Swiss Re. He says that many insurers are now seeking much broader relationships with their bigger reinsurance partners that include discussions around capital management and capital relief under Solvency II.
Source: Intelligent Insurer