Excess reinsurance capital can benefit society
Tuesday, 10 25 2016, Category: Insurance and Reinsurance, Country: World
As the European reinsurance industry meets in Baden-Baden, to discuss the upcoming January renewal season, the focus is not solely on pricing and some are highlighting the positive contribution that reinsurance and risk capital can make to society.
Too often the reinsurance conference season focused on pricing, conditions and general hand-wringing about the state of the market and the threats posed by new disruptive competitors.
But reinsurance broker Guy Carpenter has tried to break the mold, focusing its Baden-Baden symposium event on the protection gap challenge and highlighting the important role and opportunity for reinsurance capital to support society in addressing the coverage gaps that exist.