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Andy Palmer, vice president at Swiss Re Ltd., said that the expanding alternative capital in the global reinsurance industry is seeking out its "most efficient home" in the overall risk transfer industry, reported Artemis.bm.
Mr. Palmer said that "there are roles for alternative capital, which traditional reinsurance can't do."
Regulatory changes in markets globally will help to facilitate growth opportunities for both traditional and alternative reinsurers, said Mr. Palmer.