8/14/2018 5:31:00 AM
Source: Business Insurance
U.K.-based insurance broker Aon P.L.C.’s unit said that alternative capital accounted for 16% of global reinsurance capital in the first quarter, Artemis.bm reports. Aon Securities Ltd. said that the amount of alternative capital grew 7% to $95 billion from $89 billion in the fourth quarter of 2017. Traditional reinsurance sector capital remained flat at $515 billion.