Riskier exposures for Central and West Asian insurers as they turn to reinsurance to drive overseas growth

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      <subfield code="a">A reduction in the availability of globally sourced reinsurance capacity has led insurers in Central and West Asia to seek alternative solutions, with some domestic companies stepping in to fill the gap. However, these insurance markets are highly competitive, which limits the potential for organic growth within their own countries. As a result, insurers are increasingly turning to reinsurance as a way to expand overseas. Despite this, there is a wide variation in risk management capabilities among these insurers, and many of the companies that are new to the reinsurance sector lack the necessary experience and underwriting expertise. This situation introduces additional risks as less experienced insurers take on more complex international exposures in their efforts to grow</subfield>
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