Those who listened to Alan Zimmermann, managing director of Assured Research, talk about the history of the reinsurance industry at the Casualty Actuarial Society’s Seminar on Reinsurance earlier this year probably got the sense that history is repeating itself.
Alan ZimmermannIn the early 70s, Zimmermann recalled, “the reinsurance industry was dominated by the most awesome companies I had ever seen,” listing Swiss Re, Munich Re, American Re, General Re and Employers Re among them. Zimmerman and other analysts also discussed how reinsurers are dealing with competition today. See related articles: Analysts Debate: Are Insurers, Reinsurers Too Risk Averse?