Insurers downplay ART role

David Mair, RIMS's current president, told a press conference on Tuesday at RIMS's annual conference, that he is pessimistic about the ability of the capital markets to become a significant source of insurance risk finance. “The capital market structures we have seen to date have been generally disappointing,” said Mair. “The capital markets are looking for the same kind of profit margins as the insurance companies, so I don’t think it will become an efficient way for companies to source the