Internet-based reinsurance trading platform, Inreon, has announced its 100th member.

German broking firm Koenig & Reeker has joined cedants and brokers from 17 countries across that have signed membership agreements to trade via the platform.

Freiherr von Salza, head of Koenig & Reeker said: "We already have close, well established relationships with reinsurers which we believe can be further enhanced through our membership of inreon.

"It will provide us with a streamlined placement process and improved management information. With 100 members the platform has clearly built a strong momentum within the industry and we are pleased to be a part of it."

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