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Indonesian market hampered by weakened domestic reinsurer solvency

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MAP20230010594
Indonesian market hampered by weakened domestic reinsurer solvency. — Oldwick : A.M. Best, 2023
4 p. . — (Best´s Commentary)
Sumario: Indonesia´s domestic reinsurers sensitive to near-term economic uncertainties and catastrophe events. Weakened solvency at Nasional Re led to a coordinated replacement of capacity by cedents to other reinsurers during the 1 January 2023 renewals. Thinning capital buffers of domestic reinsurers present a significant challenge for them to withstand furthe balance sheet shocks. Domestic reinsurers are facing an increased likelihood for near-term economic uncertainties and unexpected catastrophe events to deral their business recovery plans
1. Mercado de reaseguros . 2. Evolución del reaseguro . 3. Aspectos económicos . 4. Reservas de capital . 5. Pérdidas . 6. Solvencia . 7. Indonesia . I. Best Company . II. Title.