During reinsurance broker Gallagher Re’s Pre-Monte Carlo Media Briefing, Will Thompson, Head of Global Clients, said alternative capital is no longer a separate conversation from traditional reinsurance and is now an integral part of the capital stack.
Ahead of the annual Monte Carlo Rendez-Vous de Septembre (RVS), Thompson highlighted that clients now have access to a broader capital toolkit than at any point in the industry’s history.
“Traditional reinsurance remains and will remain critically important, but today it sits alongside cat bonds, sidecars, collateralised reinsurance vehicles, and a growing range of bespoke capital arrangements. Increasingly, clients are evaluating these solutions together, rather than viewing them as distinct markets, and that’s a significant shift from even five years ago,” said Thompson.
FULL ORIGINAL PUBLICATION HERE