Intelligent Insurer asked a range of industry figures: Do you expect the influx of alternative capital into the market to change your business model in the next five years?
“State-of-the-art transformation capabilities have been a main component of Tokio Millennium Re’s business model for many years. This, along with our strong ties to alternative capital markets, has led to Tokio being recognised as one of the top companies for these specific transactions. Going forward, our expertise in this field, together with our traditionally strong underwriting expertise, will certainly help to keep us competitive for a further influx of alternative capital.”
Stephan Ruoff, CEO Zürich branch (Continental Europe), Tokio Millennium Re
“In the aftermath of Superstorm Sandy, the traditional avenues we use for insurance and reinsurance contracted dramatically, making it exceedingly difficult for the Mutual Transportation Assurance (MTA) to obtain insurance.
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