In this article from The Expert, a publication of iTOO, Matthew Day, Managing Director, discusses how capital growth is enabling cedents across the global insurance industry to benefit from lower prices and a broader range of innovative reinsurance solutions tailored to their evolving risk profiles, including across the African continent.
Matt goes on to discuss how South African insurers are well-positioned to leverage this environment, as the increased availability of global reinsurance capacity allows local insurers to secure more competitive terms and explore innovative risk-sharing structures to manage volatility and support sustainable growth in the South African insurance market.