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Technology key to reinsurers competing with alternative capital: S&P

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A report by U.S.-based ratings agency S&P Global Inc. found that that ReinsurTech, or the adoption of technology and move to digitalization, could assist reinsurers in enhancing their competitiveness with alternative capital players, Artemis.bm reports. Reinsurers are increasingly adopting technology to improve their IT infrastructure, and develop their proprietary models while investing in insurtech startups to structure more innovative products, the report said.

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