$10 Billion in New Capital Enters Reinsurance Market
Influx of convergence capital results in double-digit rate reductions during mid-year renewals, Guy Carpenter reports.
INN Breaking News, September 9, 2013
In the past 18 months, an estimated $10 billion of new capital has entered the reinsurance market and changed the nature of the sector's capital structure, according to “Capital Stewardship: Charting the Course to Profitable Growth,” a mid-year market report from Guy Carpenter.
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