The article presents the opinions of senior executives of Canada's reinsurance industry based on a survey conducted to find out what each considered to be the most important issue the industry is facing as of November 2008. Opinions mentioned include inflation as stated by Francis Blumberg, head of Canadian Operations for Partner Re, an increase in frequency of losses as cited by Christophe Colle, Canadian Branch Director of XL Re America Inc., and the higher cost of capital, according to Jean-Jacques Henchoz, president of Swiss Reinsurance Company.