3 months to 31 mar 2000. Alexis Ruset emphasized that this in no way compromises the financial health of the profession. Nevertheless, the development of underwriting reserves remains satisfactory , explains Alexis Ruset, President of the French Reinsurers' Association, also chairman of Sorema, the Groupama reinsurance subsidiary. The concentration of people and economic activity increases the effect of natural catastrophes. Quote by Alexis Ruset, Chairman of the French Reinsurers' Association.
Major groups reorganize.
Quote by Alexis Ruset, Chairman of the French Reinsurers' Association. 5 Sorema, which is developing Life business in France, also plans to play a role in this type of product. To do so, it is taking advantage of the extensive know-how that its Manager, Jean Le Clef acquired in the States. The Latin American market is also attracting a number of suitors. Many reinsurers have recently reinforced their local representation in various countries in order to better support the players who are active on these markets.