Diversified capital base needed for success: Doucette

A flexible capital structure with both rated and unrated capital
is needed for reinsurers to succeed in the "new world
order", according to Everest Re chief underwriting officer
John DoucetteSpeaking at sister title Trading
Risk's Convergence London conference
today (16 June), Doucette said the traditional reinsurance value
chain had become "unshackled" from the past amid a
softening market, increasing broker facilitisation and investors
searching for diversified yield.
"By having both rated and