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Issue:

Business

 

Written by:

Tony H

 

Date added:

September 11, 2016

 

Level:

College

 

Grade:

A

 

No of pages / words:

1 / 208

 

Was viewed:

7997 times

 

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Essay content:

The data shows that 2006 was significantly more benign for reinsurers than 2005, which saw record losses. The industry must now turn to the challenge of managing the downturn in the economic cycle, already apparent in many markets. As risk mitigation practices evolve, reinsurers are exploring new methods to diversify risk...
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The industry must now turn to the challenge of managing the downturn in the economic cycle, already apparent in many markets. As risk mitigation practices evolve, reinsurers are exploring new methods to diversify risk. Global Reinsurance Market Report 2007 addresses such activities, including credit risk transfer, the transfer of insurance risk to the capital markets (eg through catastrophe bonds and sidecars), and portfolio diversification...
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