M&A create a new ecosystem
Friday, 09 14 2018, Category: Insurance and Reinsurance, Country: World
An uptick in mergers and acquisitions (M&A) is accelerating a trend whereby the traditional re/insurance value chain is being replaced by a broader risk ecosystem with less defined boundaries between players, Victor Peignet, CEO of SCOR Global P&C, told Monte Carlo Today.
“The lines between brokers, managing general agents (MGAs), insurers, reinsurers and capital markets are being further blurred,” Peignet said.
Source: Intelligent Insurer