Reinsurance could be dominated in future by behemoths and ultra-low-cost followers
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Reinsurance could be dominated in future by behemoths and ultra-low-cost followers

Rewind to 2014.  

Cat reinsurance rates were in freefall, casualty ceding commissions were soaring.   

Reinsurance was becoming a single-digit-return game driven by structural changes around its capital base.

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