M&A Activity To Continue In Second-Tier

Much has been written in recent years about the inevitable march of consolidation with ever-larger reinsurance groups.

On the one hand, this is understandable given that the 10 largest reinsurance groups accounted for 82 percent of global reinsurance premium written in 2000 and that the largest reinsurers represent combinations of global players in their own right–Munich Re and American Re; Swiss Re, North American Re and Bavaria Re; General Re, National Indemnity and Cologne Re; Employers Re, Frankona and Kemper Re.

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