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Insurance Europe RAB publishes report on the importance of an open global reinsurance market

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Published on: 09 November 2023

Published by LNB News

LNB News 09/11/2023

Document Information

Issue Date: 09 November 2023

Published Date: 09 November 2023

Jurisdiction(s): United Kingdom

Article summary

The Insurance Europe Reinsurance Advisory Board (RAB) has published a comprehensive report entitled ‘The Power of Reinsurance: Supporting the resilience of societies through an open and well-regulated reinsurance market’. The report explains how key aspects of the reinsurance business model, particularly global diversification, enables the industry to contribute to narrowing insurance protection gaps, promoting innovation, supporting adaptation against the growing dangers of climate change, and improving financial resilience.

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