Twins at the top: reinsurance. (Munich Reinsurance Co, Swiss Reinsurance Co)
Economist (US), The, September, 1995
Swiss Reinsurance Co and Munich Reinsurance Co have become the two biggest companies in the reinsurance industry despite having very different strategies. Munich Reinsurance has stuck with a very diversified client list while Swiss Reinsurance has dabbled in specialization.
BY OFFERING to underwrite some of the business of primary insurance firms, reinsurers expose themselves to risks in many parts of the world. In recent years those risks have grown more menacing, as losses from natural catastrophes and other kinds of cover have soared. So when the industry's bosses begin gathering in ...
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