Original risk: cats, boxes, and a taste for offshore energy

It’s no secret that the global reinsurance industry needs to source more original risk. A sustained focus on established markets leads to the myopic process of shaving fractions of a basis point off each transaction, generally with the modest hope of nudging returns higher. But you just can’t cut your way to real growth. It takes new markets to drive the sustained profitable growth that C-suites around the world crave. And offshore energy could represent a significant original risk opportunity.