The dominant post-Katrina strategy of diversification has to be jettisoned if reinsurers want to leave behind the discounted trading multiples that have been dogging the industry for years, PricewaterhouseCoopers has said.
The dominant post-Katrina strategy of diversification has to be jettisoned if reinsurers want to leave behind the discounted trading multiples that have been dogging the industry for years, PricewaterhouseCoopers has said.