Tue, 08/02/2016 - 09:46
Alternative capital is clearly a permanent feature of the global reinsurance market and will continue to increase its share of the global property catastrophe limit, but its growth in the space should no longer be termed as exponential, says JLT Re.
Reinsurance broker JLT Re has said that while the inflow of alternative reinsurance capital will continue, and that its presence in the global re/insurance marketplace is here to stay, market dynamics and recent trends suggest its growth in the property catastrophe space is likely to continue to moderate.
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