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Amid pandemic-related, short-term losses and anticipated long-term challenges, reinsurers have been ramping up investment in insurtech to ready themselves for the future.

As the global economy changes and new trends emerge, so do the risks that reinsurers, which act as insurance for insurance companies, cover. Persistently low interest rates threaten investment income for the industry, while competitive pressures from alternative capital markets players like hedge funds and pension funds looking to provide capital and liquidity are increasing. 

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