The end of SA's reinsurance industry as we know it....

The local reinsurance market is set to change drastically, within two years the market as we know it today will not exist and local insurers may only be serviced by representative offices. The mandate of most local reinsurers has already been narrowed to such an extent that they effectively have little decision-making power left and underwriting decisions are inevitably referred offshore.

Article posted on 2003/5/9

sa_reinsurance_industry_under_threat.doc