Reinsurers' risk appetites have not changed despite enormous insurance industry losses in 2005, but they are reevaluating the risks, a Swiss Re executive said.
That assessment came in a discussion of the midyear reinsurance marketplace and future economic outlook during a telephone conference produced by Swiss Re.
"There is not a fundamental change in the risk appetite [of reinsurers], but a change in what the risk looks like," said Thomas Holzheu, senior economist with Swiss Re Economic Research & Consulting.
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