Coinsurance: A Reliable Alternative
Despite current conditions in the financial markets, the convergence of insurance and capital markets will proceed because, quite simply, there’s no stopping an idea whose time has come. Nevertheless, life insurers are still learning about the dynamics of the capital markets as well as the benefits and limitations of this source of funding, especially for redundant AXXX/XXX reserves., says Glenn Cunningham, Executive Vice President, Life Reinsurance at Transamerica Reinsurance.
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