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Reinsurers Counter Alternative Capital Through Favorable Pricing, Terms

Traditional reinsurers have taken defensive actions against alternative-capital competition, meaning the increased supply of capital created through insurance linked securities (ILS) is chasing slower growth in demand, especially in the U.S. Property Catastrophe insurance market, a new report says.

By Mark E. Ruquet | Updated on July 02, 2013

Traditional reinsurers have taken “defensive actions” against alternative-capital competition, meaning the increased supply of capital created through insurance linked securities (ILS) is chasing slower growth in demand, especially in the U.S. Property Catastrophe insurance market, a new report says.

Willis Re, in its “1st View“ July 1 renewals report, says that despite some losses, including $30 billion from Superstorm Sandy, reinsurers have not been willing to cede longstanding markets to capital investors.

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