How much is too much?
David Spiller wonders how reinsurers might be able to stay liquid enough to avoid expensive recapitalisations after big Cats but avoid the pedestrian returns of the over-funded
Following a year of 'near misses', reinsurers are flush with excess capital. That may seem to be an embarrassment of riches for those outside the industry. A closer look at 2007 shows how a few twists
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