Alternative reinsurance capital up 12% in 2015: Aon Benfield

Aon Benfield said that alternative reinsurance capital accounted for 12% of the overall reinsurance market in 2015, totaling about $72 billion of the global reinsurance industry capital-base, reports Artemis.bm.

Total global reinsurance capacity fell 2% in 2015, totaling $565 billion as of Dec. 31, 2015.

Within the total figure of $565 billion, traditional reinsurance capital decreased 4% to $493 billion, "driven by the strengthening of the U.S. dollar and the impact of rising interest rates on bond valuations," added Aon Benfield.

Read more