Financial-Services Reform Opens Doors for Reinsurers.(Walter B. Kielholz)(Brief Article)

SCOTTSDALE, Ariz. -- Even without the convergence of financial services, reinsurers should benefit from how insurers and competitors have begun breaking apart various functions of What was formerly a unified industry, Walter B. Kielholz, chief executive officer of Swiss Reinsurance Co., told attendees of a conference hosted by A.M. Best Co.

Kielholz outlined a scenario in which insurance companies-particularly life insurers-focus more on managing and marketing their businesses and less on carrying risk. Instead, that risk will increasingly be assumed by reinsurers, the wholesalers of the risk-bearing market.

"Technology will accelerate this decomposition of …