For reinsurers, however, such outside capital still represents a relatively small fraction of the overall market capacity. However, as these two reports--the first from Benfield and the second from Guy Carpenter--from reinsurance intermediaries show, the importance and share of CAT bonds and other risk syndications are growing.
The first is Guy Carpenter's report on the growth of CAT bonds last year. The second is Benfield's January 2007 Global Reinsurance Market Review (the Pick 'n' Mix), an overall study of the reinsurance market. Pay special attention in the "Picking Opportunities" on CAT bonds.
ALSO: READ THE OTHER PARTS TO THE INNOVATION SHOWCASE ISSUE.
September 15, 2007
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