Centro de Documentación de Fundación MAPFRE - 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

MAP20230019412

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. — Oldwick : AM Best, 2023

10 p. . — (Market Segment Report)

Sumario: 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

1. Mercado de reaseguros . 2. Información financiera . 3. Seguro de daños patrimoniales . 4. Aspectos económicos . 5. Perspectivas del seguro . 6. Asia . I. A.M. Best Company . II. Título.