In comments made around Guy Carpenter’s Baden-Baden Reinsurance Symposium event, Maria Rapin, the CEO of Nephila Climate, the climate and weather focused arm of insurance-linked securities (ILS) specialist Nephila Capital, highlighted that alternative capital is a long-term partner for reinsurance that has been well-tested through catastrophes and crises.
This year’s theme of the reinsurance broker’s symposium at the Baden Baden event this year was, “Partnering through crises, shocks and cycles,” and speakers provided their thoughts on the broad topic.
Laurent Rousseau, CEO, EMEA and Global Capital Solutions, Guy Carpenter said that stakeholders in the insurance and reinsurance ecosystem need clearly defined roles in order for the industry to remain resilient in response to the growing systemic risk potential.
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