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International

Insurers and reinsurers must find ways to improve efficiency: Hamilton chief

December 19, 2014 Reprints

Kathleen Reardon, chief executive of Bermuda-based reinsurer Hamilton Re Ltd. has urged insurers and reinsurers to find ways of doing business more efficiently, The Royal Gazette reported.

Out of the total premiums written, over a third was used for financing the distribution of products and services, Ms. Reardon said, adding that this needs to be reduced.

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Insurers and reinsurers must find ways to improve efficiency: Hamilton chief

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