Large cedants shrink reinsurer panels: Conning

The 20 largest cedants in 2015 slimmed down the number of
reinsurers they use to concentrate their risks on just a handful of
carriers, a new study has revealed.
Among US insurers that purchased the most reinsurance that year,
the majority reduced the number of carriers they used to offset
their risks, the study by Conning found.
The investment advisory firm said there had been "much
discussion" in the sector over a change in buyer behaviour as
cedants - driven...