Insurance Post

Lemmings waiting for leaders

In the past two weeks or so, news has come thick and fast that the reinsurance industry was heavily hit by the collapse of the global stock markets in the third quarter of the year. The word 'recession' is on everyone's lips.The main issue for reinsurers will be their capital, readers answering our survey said. "Capital will have to be replenished and used more wisely," said one, while another added: "Reinsurers will have to maintain strong balance sheets and conservative investments as proo