Helping to resolve the growth conundrum

Almost every primary insurer is articulating a desire for growth – whether that is organic or through acquisition. Indeed, eight out of ten insurance companies with $1.5bn (£1.13bn) in annual revenue will look to acquisitions and partnerships in search of growth over the next three years according to a new global survey by KPMG. So, insurers need partners in their search for growth and this is where we, as reinsurers, have a key role to play, explains Jim D’Onofrio, Executive Vice President & General Manager, LM Re US.