As the reinsurance industry endures some of the most fundamental changes in its history, Intelligent Insurer asked ten leading industry CEOs their views about five key trends currently changing the face of the re/insurance industry, starting with consolidation.
As the trend of consolidation continues, how do you believe this will reshape the industry? How will it affect your business?
Amer Ahmed, CEO, Allianz Re: "With the consolidation we will have a number of larger players with, probably, stronger balance sheets and broader range of capabilities and services they can offer to their clients. Given some of the changes in cedant buying this seems to complement the move towards fewer, larger and more complex programmes being reinsured.
"So as a buyer we see this as a positive trend, although there will potentially be some reduction in choice."
CEO, consolidation, M&S, reinsurers