Property cat underwriting margins slim due to alternative capital: Swiss Re

Christian Mumenthaler, chief executive of Swiss Re Ltd., said that the global reinsurance industry's underwriting margins for property catastrophe business are likely to remain low due to the influence of insurance-linked securities and alternative sources of capital, Artemis.bm reports. Mr. Mumenthaler said that collateralized reinsurance had grown the most of all alternative capital mechanisms.

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