Guy Carpenter’s Vice-Chairman Analyzes a Changed Re/Insurance Industry
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Guy Carpenter's Vice-Chairman David Priebe describes how the re/insurance industry has changed over the years, as cedants seek to minimize the cost of capital, and reinsurance brokers are now responsible for helping them make intelligent risk selections. Insurance linked securities, the exponential growth of "big data," and insurers seeking new business in uncharted territories makes doing so a difficult and complex task, but it's also raised the industry's profile with the younger generation.