Responsibility is Power Re’s stewardship of capital that must be there years from now, when the claim arrives.
Responsibility is acting as a custodian of other people’s security, capital, reserves and the promise to pay.
What it means for Power Re
For Power Re it means conservative reserving and a disciplined retrocession program that protects capital.
What it means for our ecosystem
For our ecosystem it means a counterparty that will still be standing and solvent when the market turns.
Power Re perspective
This commentary reflects Power Re’s reading of public market reporting. It is general information, not underwriting, investment or legal advice.
