The influx of alternative capital into the North American market is leading to “the dawn of a new age” in reinsurance, but not one that should be viewed positively by reinsurers. That is the view of Dr Arno Junke, CEO of Deutsche Rück, who said that the relative conservatism of the European market has saved it from what he described as “gambling in disguise”.
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alternative capital, US, Deutsche Ruck, European market, Arno Junke