The fixation on the impact of insurance-linked securities (ILS) on the reinsurance market has distracted attention from significant changes in reinsurance buying behaviour that were already underway, Willis Re CEO John Cavanagh has said.
The fixation on the impact of insurance-linked securities (ILS) on the reinsurance market has distracted attention from significant changes in reinsurance buying behaviour that were already underway, Willis Re CEO John Cavanagh has said.