Willis Re Executive Vice President Robin Swindell said mutual insurance companies are regularly joining together for catastrophe and other forms of reinsurance coverage.
Paul Koronka, CEO, Regis Mutual Management Ltd., said his organization continues to form new mutual insurance companies but solvency regulations mean taking new approaches to their structure.
Greg Lockard, reinsurance manager, Shelter Re, discusses how the impact of alternative capital is being felt in terms, conditions and timing of reinsurance arrangements.
Andrew Armitstead, executive officer at United Independent Pools of Australia, describes how his mutual organizations is developing new offerings to meet the liability needs of local governments in his country.
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.
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