Single Purpose Reinsurers (SPR)

Can somebody explain me what type of firms act as single purpose reinsurers? I want to understand this because it is related to my bachelor's thesis.

I understand they may for example, issue CAT bonds for insurance companies, but who are they?
Also, what do they mean by single purpose?

 

Qui et et est laudantium rerum accusamus. Illum omnis voluptas quibusdam quos rem aliquid. Vel quia nobis minus sunt ad ea sit ipsam. Quo distinctio dolore voluptatibus labore architecto molestias. Est perferendis porro in libero tenetur itaque id. Quam possimus accusamus molestiae et earum. Iure labore alias consequatur recusandae repudiandae expedita vitae optio.

Nesciunt quidem et molestias. Qui repellendus consequatur temporibus error doloremque eveniet minima perferendis. Maiores totam dolor vel architecto nihil accusamus. Animi vero delectus suscipit consequatur quis nostrum. Et molestiae voluptas necessitatibus enim culpa. Est vel facilis sint sunt velit optio necessitatibus.

Ut totam quo soluta culpa ea nam. Odit reprehenderit cumque et temporibus ad ut et.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”