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Indonesian market hampered by weakened domestic reinsurer solvency

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<title>Indonesian market hampered by weakened domestic reinsurer solvency</title>
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<namePart>Best Company</namePart>
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<publisher>A.M. Best</publisher>
<dateIssued>2023</dateIssued>
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<extent>4 p.</extent>
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<abstract displayLabel="Summary">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</abstract>
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<topic>Mercado de reaseguros</topic>
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<topic>Evolución del reaseguro</topic>
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<topic>Aspectos económicos</topic>
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<topic>Reservas de capital</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080548575">
<topic>Pérdidas</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080552701">
<topic>Solvencia</topic>
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<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20090044302">
<geographic>Indonesia</geographic>
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<classification authority="">5</classification>
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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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<recordCreationDate encoding="marc">230525</recordCreationDate>
<recordChangeDate encoding="iso8601">20231214131936.0</recordChangeDate>
<recordIdentifier source="MAP">MAP20230010594</recordIdentifier>
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