Rebuilding gets under way
As the extent of the erosion of the (re)insurance market's capital base becomes clear, Thomas Holzheu and Kurt Karl of Swiss Re examine the evidence to date and assess the market's efforts to return to profitability.
Insurance capital has turned into a precious resource in shortsupply.
Global insurance capacity has plunged by $180bn or 25% since 2000. Three
straight years of declining equity markets now make an
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