Reinsurance companies in the Asia Pacific region can leverage insurance-linked securities (ILS) and alternative capital to capture hardening market opportunities and become more competitive with their global peers, rating agency AM Best has advised.
Alternative capital and insurance-linked securities (ILS) can help to make regional reinsurers more competitive in their home countries and also globally, as they seek out diversification, AM Best said.
While major reinsurers from the Asia Pacific region have delivered stable performance, compared to global reinsurance peers, and have stable positions in their home markets, they are consistently seeking to diversify and expand abroad.
FULL ORIGINAL PUBLICATION HERE
