Financial Services Industry
Industry: Email Alert RSS FeedNew wave of consolidation expected. (in reinsurance)(Special Supplement: U.S. Reinsurance Report)
National Underwriter Property & Casualty-Risk & Benefits Management, July, 1997 by Lonkevich, Dan
It doesn't take a Ph.D. in the obvious to realize that with only four major direct reinsurance writers left in the U.S. market, the next wave of consolidation is going to involve brokerage reinsurers and reinsurance divisions of multiline insurers. Analysts generally agree that further consolidation among the likes of General Re, Swiss Re, Employers Re and Munich Re is possible but unlikely.
They argue these reinsurers already have sufficient critical mass and economies of scale to allow them to compete even in the deteriorating pricing conditions of the current market. In general, analysts agreed that one of the motivating factors driving consolidation among direct writers has been achieving critical mass and economies of scale. But where one plus one may...
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Business Articles
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions
