Willis Re Executive Vice President Robin Swindell said mutual insurance companies are regularly joining together for catastrophe and other forms of reinsurance coverage.
Greg Lockard, reinsurance manager, Shelter Re, discusses how the impact of alternative capital is being felt in terms, conditions and timing of reinsurance arrangements.
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.
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.
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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