Wed, 03/22/2017 - 12:53
LONDON--(BUSINESS WIRE)--France’s largest cedants have displayed stability in their purchasing of reinsurance, according to new research by A.M. Best. Analysis of the reinsurance or retrocession purchasing practices of France’s 20 largest cedants demonstrates reinsurance purchasing has increased faster than gross premiums written (GPW), driven mainly by the four largest market players. This was partially offset by a slight decline in reinsurance ceded by the other 16 companies–several of them mutuals or medical insurance specialists–reflecting the particular characteristics of their business models.
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