Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Alternative capacity to reach 15% of property catastrophe reinsurance: Study

June 18, 2013 Reprints

Guy Carpenter & Co. L.L.C. has said that alternative reinsurance capacity likely will reach 15% of the global property catastrophe reinsurance market in 2013, rising from just 8% in 2008, reports Artemis.bm.

The reinsurance intermediary said the size of alternative and third-party capital backed reinsurance sector is currently pegged at $45 billion, which is around 14% of the combined property catastrophe reinsurance market.

Guy Carpenter's David Flandro said that "when viewed over 10 years, the growth of convergence capital has been remarkable."

Help

Alternative capacity to reach 15% of property catastrophe reinsurance: Study

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources