Barriers to Trade

Reinsurance markets enable the efficient and effective diversification of risk globally and thereby promote continued growth and recovery of global and national economies. For reinsurance markets to function well, they need to be able to pool different forms of catastrophic and non-catastrophic risk.  Barriers to trade in reinsurance therefore undermine the efficiency of reinsurance markets by reducing competition, leading to less choice for consumers and result in higher reinsurance costs and less capacity over the long time horizon. The letter and list of trades barriers and market access issues sent to stakeholders are available at the following links:

Current February 2019

Current March 2019

 

Previous versions of the Trade Barriers and Market Access Issues table

July 2018

February 2018

August 2017