Somerset Re tops table for effectiveness
Global life and annuity reinsurer Somerset Reinsurance Ltd has the strongest business capabilities, according to cedents in a new study by NMG Consulting.
The financial services research and consulting firm’s US Structured Financial Solutions Study ranked the Bermuda-based firm top in its Business Capability Index. The index, which measures reinsurer effectiveness, is developed through feedback from insurance executives and reinsurance buyers.
It’s the third time Somerset has topped the index.
“The NMG US Structured Financial Solutions Study is an important tool for us to ensure that we are focused on delivering the customized risk management solutions that help our clients succeed”, said Jeff Burt, chairman and CEO of Somerset Re.
“We’re delighted by this confirmation, directly from our clients, that we are delivering on our promises. It is an affirmation of our developing brand and our unique position in the market.”
