The growing use of economic capital models by cedants to help structure their reinsurance programmes has led to many increasing their retentions – a phenomenon that is almost paradoxical at a time when reinsurance is relatively cheap.
The rest of this article is locked for subscribers only. Please use your personal login at the link below to continue reading.
If you don't have a personal login, you will need to purchase a subscription to gain access to this article, including all our online content.
ECMs, Cedants, Retentions, Reinsurance, Andreas Molck-Ude, New Re