Avoiding the vanilla.
Last year's catastrophes are taking their toll on reinsurers' results and rates still refuse to harden significantly. Richard Willsher asks whether the future for reinsurers lies away from selling the vanilla-flavoured reinsurance cover of old.
Non-traditional structures are a constructive response to conditionsthat have led to a string of traditional reinsurers going to the wall and
to further consolidation in the reinsurance industry.
Of
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