It also can be hard to find the documentation behind a reinsurance
contract, Fritsch said.
Sabau has more than 25 years of experience in the French life reinsurance
market, holding senior management positions in business development, pricing and actuarial, and treaty administration.
Group is also confident that premiums will hold up into next year.
and Transamerica International Reinsurance
Ireland Limited, members of the AEGON group, a leading multinational financial services group.
programs may or may not provide much coverage for terrorism.
Copies of the full report, The World Catastrophe Reinsurance
Market: Steep Peaks Overshadow Plateaus, are available for download at www.
In the 1980s and 1990s, the reinsurance
market was inundated with unanticipated pollution, asbestos and other toxic tort claims that led to arbitration proceedings.
While demand for this coverage continues, the market in general is shrinking due to changes in mechanisms for risk transfer for health-care services, said Carol Adams, managing actuary, accident and health, of Irving, Texas-headquartered TIG Insurance and past-president of the Provider Excess Loss Association, a nonprofit trade group for companies doing business in the provider excess-loss reinsurance
But as the remaining independent reinsurance
brokers assess the altered landscape, they also are focusing on the challenge to offer more services to clients and competition from direct reinsurance
Through its Reinsurance
business, Towers Perrin provides global reinsurance
intermediary services and consulting expertise that focus on the creative blending of traditional and nontraditional risk transfer vehicles.
America Corp 34,436,235 1,740,387,468
Fitch believes these controls provide strong, though not absolute, assurance that premium or trust assets could be not used for purposes unrelated to the reinsurance
agreements between the parties.