The Reinsurance Market Needs More Distribution, Not Less
I t is a well-known axiom that for free markets to exist, access must be unencumbered. The more players there are, the more efficient a market will be.
Unfortunately for those of us in the reinsurance space, we have entered into a period of reduced competition. In fact, many would argue that reinsurance distribution is significantly less efficient than it was only a few years ago.