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International

Innovation beneficial to reinsurance buyers: Official

June 28, 2016 Reprints

Steve Johnston, director of corporate reinsurance at Canadian insurance co-operative The Co-operators Group Ltd., said that innovation in the reinsurance market has benefitted buyers of reinsurance protection, reported Artemis.bm.

Innovation has been driven by the imbalance between supply and demand in the overcapitalized reinsurance marketplace, said Mr. Johnston.

More efficient reinsurance capital has created a buyers' market, reported Artemis.bm.

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Innovation beneficial to reinsurance buyers: Official

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