Dr. Christoph Lamby of R+V Versicherung AG details the risks facing global reinsurers. Lamby sees opportunities in Asia, marine and other areas.
According to James Kent, president, Willis Re North America, the influx of new capital into the reinsurance market has created more change in the past three to five years than in all prior years.
Greg Lockard, reinsurance manager, Shelter Re, discusses how the impact of alternative capital is being felt in terms, conditions and timing of reinsurance arrangements.
Dr. Steven Weisbart, chief economist with the III, said the insurance industry handled claims from Sandy well. Weisbart said the biggest surprise was how many people purchased flood insurance afterward.
Shaun Tarbuck, Chief Executive at the International Cooperative and Mutual Insurance Federation, reports that mutual and cooperative insurers have gained three points of market share in the past seven years.
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