G30 calls for securitisation

An increase in the use of securitisation by reinsurers will reduce the likelihood of a serious disaster causing the collapse of members of the industry, according to a report issued by commentators on international financial developments, the Group of Thirty (G30).

The report said that the impact of a serious collapse of reinsurance capacity on the financial markets would be small, but this risk could be mitigated further by a broader adoption of securitisation - a path that the Washington-based

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