US private equity firms look for reinsurance opportunities

by Gill Montia

Story link: US private equity firms look for reinsurance opportunities

US private equity firms are looking for opportunities in the reinsurance market, according to a report by Reuters. The 2008 Atlantic hurricane season was particularly active, following two relatively quiet years that prompted a drop in insurance premiums and led to predictions of consolidation amongst brokers and underwriters. However, earlier this month Swiss Re reported [...]