Traditional reinsurance capacity is projected to fall in 2022 as third-party capital holds steady, said AM Best Senior Financial Analyst Dan Hofmeister.
Inflationary pressures may diminish the underwriting improvements made by South and Southeast Asian reinsurers, said Kanika Thukral, senior financial analyst, AM Best, referencing a new Best's Special Report.
Stability has been driven by reduced property-catastrophe exposures and a hardening market, said AM Best Senior Director Carlos Wong-Fupuy, referencing a new Best's Market Segment Report.
Major Asia-Pacific reinsurers continued to deliver stable operating ratios and return on equity in 2021, compared with global peers, said AM Best Senior Director, Analytics, Christie Lee, referencing a new Best's Special Report.
A solely focused life reinsurer breaks into the top five of the annual list for the first time, said Clare Finnegan, senior financial analyst, AM Best, referencing a new Best’s Market Segment Report.
