Asia reinsurance

AM Best sees Central Re to continue focusing on low-risk, fixed-income investments.

The region accounted for 6% of the total.

MAPFRE RE will proceed with pre-opening steps in compliance with local regulations. 

Property catastrophe reinsurance rates were generally flat to slightly down.

The IRDAI is actively considering introducing collaterals within the Indian insurance industry.

The CEO said a shift towards a more balanced relationship between insurers and reinsurers, with a clearer division of labour, in terms of the renewal season.

Climate change and the COVID-19 pandemic presents vast potential for the reinsurers’ to transform.