LAS VEGAS–A panel of global reinsurance company executives predicted here that in the future, there will be a blurring of the distinction between reinsurers and direct writers of the coverage.

Wolfgang Strassl, head of the divisional unit of the life and health division with Munich Re, Munich, Germany, said there will be a broader framework in which capital markets, reinsurers and direct writers will all be able to provide ways to offer or free up capital.

"I wonder if it will be so definable who is the reinsurer and the direct writer?" he asked rhetorically.

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