Special Feature - Insurance-Linked Securities Filling the Gaps of Traditional (Re)insurance
Source: Asia Insurance Review | Jun 2008
The traditional (re)insurance market has proven in many cases to be innovative and has quickly adjusted to new exposures. However, emerging exposures due to climate change and growing megacities will likely stretch the industry to its limits particularly in capacity needs. Ms Marion Camerer, Senior Business Analyst, Origination/Distribution/ILS Investments at Munich Re, looks at how capital market solutions can offer almost inexhaustible capacity either where traditional capacity is short or where the traditional (re)insurance industry is reluctant to provide capacity.
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