Monte Carlo, Mutuals and More Capital

This article first appeared on the Willis Towers Watson Wire inSeptember 2013

Each year since 1957, senior management from brokers, insurers and reinsurers around the world have gathered in the Principality of Monaco, considered by many as neutral territory in the commercial clashes of the reinsurance market, as it has no indigenous insurance or reinsurance industry. This year discussions were dominated by one subject: what impact is the influx of new capital into the reinsurance sector having?