The convergence of reinsurance and capital markets is “alive and well”, as reinsurers increasingly lean on alternative capital and insurance-linked securities (ILS) products, Mike van Slooten from Aon’s Reinsurance Solutions division explained in a pre-Monte Carlo briefing today.
Speaking during the briefing, as the reinsurance broker set out its positioning for its upcoming meetings at the Rendez-vous event, Aon’s Reinsurance Solutions executive team highlighted a competitive marketplace, but one they consider to be remaining disciplined.
However, like other brokers, Aon will be looking for reinsurance capital providers to provide clients more support, particularly when it comes to managing volatility.
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