Some re/insurance brokers are increasingly channelling premium to a smaller number of larger carriers. While this is sometimes at the behest of cedants, it is also occurring because of exclusive agreements they have with selected players.
Some re/insurance brokers are increasingly channelling premium to a smaller number of larger carriers. While this is sometimes at the behest of cedants, it is also occurring because of exclusive agreements they have with selected players.
That is one of the initial themes that has emerged from the Global Reinsurance Survey 2014 that is being conducted by the Intelligent Insurer in-house research team. The project, which is also used as a basis for the Global Reinsurance Awards which take place at the Monte Carlo Rendez-Vous, is in the process of polling hundreds of reinsurance executives globally.
The first stage of the research asks respondents which firms (including reinsurers, brokers and service providers) they rate highly for various qualities such as customer service, expertise and ability to pay claims. The researchers also ask respondents to explain their answers at this stage, resulting in some interesting comments.
Global Reinsurance Survey 2014, Monte Carlo, Amlin, Reinsurance