1. Market cycle could become asymmetric: Sapnar
Himal Patel
11 June 2015
Our TV screens seem to be overwhelmed by solicitors imploring us to claim for each and every
mishap, there is obviously no such thing as an accident in this modern age. Somebody can be blamed
and they must be made to pay!. Bearing this in mind, it would be a very brave (or maybe foolish)
small business owner who decided that they didn't need public liability insurance. Click the link to
get an answer to any questions on http://www.insurance-advisor.org.uk/public-liability-insurance/.
The presence of alternative capital in reinsurance could lessen
post-event pricing peaks, without doing anything to smooth out the
troughs of the market cycle, according to Transatlantic Re CEO Mike
Sapnar.
Speaking on a reinsurance CEO panel at Standard and Poor's
2015 Insurance Conference, Sapnar said that he was worried about
the influx of new capital after a major event, which he said could
reduce the hardening impact in localised markets.
"It used to be that companies were formed to...
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