As the reinsurance industry finds itself changing to meet the growing demand for cedents' expanding appetite for risk, a study questions whether current underwriting practices could one day expose reinsurers to a financial debacle.
A report on the reinsurance industry released late last week, commissioned by the Insurance Intellectual Capital Initiative—a consortium of organizations associated with the Lloyd's insurance market—wrapped up a three-year study of the changes taking place and the issues facing reinsurers and insurers today.
The report, titled “Beyond Borders: Charting the Changing Global Reinsurance Landscape,” was written by Paula Jarzabkowski, professor at Aston Business School and Marie Curie Fellow at Cornell University.
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