How to finance reinsurance

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      <subfield code="a">It is more than likely that the years  from 1975 to 2000 will be compared by economic historians with the period of liberalization in the mid-nineteenth century. They will identify deregulation and freedom of competition  as well as a shift from protected producers to sovereign consumers - in fact, an era when the foundations of the world's leading industries were revolutionised. We are all familiar with the profound effects from the liberalization in aviation and communications, besides witnessing successive governments turn over the ownership and managements of nationalised industries to the private sector. As the millennium approaches, the same process is going on in financial services - and especially in the sectors involving risk such as reinsurance, insurance and banking</subfield>
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