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December 3, 2014 in Carrier Management
Reserve Covers Pushing Up Demand, Says JLT Re’s Flandro
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At the 2014 PCI annual meeting, references to capital relief solutions and adverse development covers cropped up more than once in conversations with reinsurance market participants. Here JLT Re's David Flandro talks about the uptick in demand for development covers, answering the question of whether it's being fueled by particular pockets of trouble or just willing available capacity.
Explaining his answer, he references an analysis of loss reserve cycles which he provided in a related article that he authored for Carrier Management.
Related Article: "Sector Capital and Reinsurance Pricing: Time for an Arbitrage?"
