Operating performance, retro cost drive asian reinsurer strategies : an overview for those working with and in one of the world's most interesting and vital industries

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<title>Operating performance, retro cost drive asian reinsurer strategies</title>
<subTitle>: an overview for those working with and in one of the world's most interesting and vital industries</subTitle>
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<namePart>A.M. Best Company</namePart>
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<dateIssued>2023</dateIssued>
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<abstract displayLabel="Summary">Underwriting losses and poor investment returns dragged the large Asian reinsurers´2022 operating performance. The decline in large Asian reinsurers´shareholders´equity is much smaller than that of European reinsurers due to monetary easing in some Asian countries. A decrease in retro capacity surpressed Asian reinsurers´capacity offering. A lack of aggregate excess-of-loss retrocession capacity availability may result in higher underwriting volatility for reinsurers. Reinsurers´appetite for catastrophe-exposed property business in South and Southeast Asia has diminished, given the heightened catastrophe activity in the region in recent years. Reinsurers demonstrated increased pricing discipline and a willingness to walk away from unprofitable programmes, which led to meaningful rate increases.</abstract>
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<topic>Seguro de daños patrimoniales</topic>
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mailto:centrodocumentacion@fundacionmapfre.org?subject=Consulta%20de%20una%20publicaci%C3%B3n%20&body=Necesito%20m%C3%A1s%20informaci%C3%B3n%20sobre%20este%20documento%3A%20%0A%0A%5Banote%20aqu%C3%AD%20el%20titulo%20completo%20del%20documento%20del%20que%20desea%20informaci%C3%B3n%20y%20nos%20pondremos%20en%20contacto%20con%20usted%5D%20%0A%0AGracias%20%0A
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