Opinion: Swiss Re and the big three

The Japanese big three have a long history of refusing to trade
together. And in the past they have been pretty ruthless in cutting
out reinsurers that are related to their rivals.
Swiss Re'srecent life deal with MS&AD is more interesting to a
P&C audience viewed through this lens.
Kiln was immediately cut out when it was acquired by Tokio
Marine, while Canopius was told the day after its deal with Sompo
was announced that it would be ejected...