Insider View: BaFin's third-country rules

The reinsurance industry has a clear expense problem. It already
costs too much to deliver the product - and this is a constant
refrain of platform speeches from industry luminaries.
Ajit Jain immediately identified it as a core issue for Gen Re
when he took over the reins, with additional underwriting leverage,
reduced management layers and outsourcing all identified as
possible answers.
And that is true even in a marketplace where most players still
operate from key global and regional...