U.S.-Bermuda reinsurers well capitalized as composite’s combined ratio improves three points, said Gregory Dickerson, director, AM Best.
Catastrophe bonds remain one of the bright spots in the ILS market, said AM Best Managing Director Emmanuel Modu, referencing a new Best's Market Segment Report.
The industry remains well capitalized and is dominated by the large global players, but faces incremental competition from shifting business models, said Edward Kohlberg, director, AM Best.
Expensive new treatments and therapies, as well as pressure on capital associated with government business, are driving greater demand for health reinsurance, said Doniella Pliss, director, AM Best.
Underwriting losses and poor investment returns dragged the large Asian reinsurers’ 2022 operating performance, said AM Best Senior Director, Head of Analytics, Christie Lee and Associate Director, Analytics, Chris Lim.
