"Emerging Trends and the Wholesale Insurance Market: How the Industry is Adapting
Demographic, societal attitudes and legal tactics are helping push verdicts to new heights.
Smaller entrants often engage reinsurance as a tool to meet capital needs, while large insurers are looking toward capital markets and acquisitions as means to gain competitive advantages.
Wholesale brokers and underwriters are becoming more specialized, allowing them to help insurers better customize coverage.
Settlement demands are rising, driven by a plaintiff's bar that is backed by deeper resources and better coordinated strategies.
Multi-claimant cases can quickly overwhelm traditional insurance towards and other large risk arrangements.
