While many conditions contribute to the current consolidation, it seems the need to be more efficient is a key driver.
In insurance, successful and efficient infrastructures established by merger partners is a key aspect of mergers.
In reinsurance or alternate risk transfer, the ability to fully subscribe a program or treaty with one or two reinsurers is more efficient when large players exist in the market who can ‘make the deal’. Were he here today, all of this deal making for efficiency would bring a tear to the eye of Monty Hall.
While many conditions contribute to the current consolidation, it seems the need to be more efficient is a key driver.
In insurance, successful and efficient infrastructures established by merger partners is a key aspect of mergers.
In reinsurance or alternate risk transfer, the ability to fully subscribe a program or treaty with one or two reinsurers is more efficient when large players exist in the market who can ‘make the deal’. Were he here today, all of this deal making for efficiency would bring a tear to the eye of Monty Hall.