AM Best: Higher Reinsurance Renewal Rates Will Affect Insurers in Asia

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AM Best analysts Yi Ding, Susan Tan and Kanika Thukral, interviewed at the Singapore International Reinsurance Conference, said reinsurers are likely to tighten rates and terms at coming renewals.

AM Best’s Insurance Market Briefing - Singapore International Reinsurance Conference (SIRC)

AM Best analysts review global and Asia-Pacific reinsurance markets; explore market outlooks for North Asia and Southeast Asia; and present AM Best's recently launched Best’s Performance Assessment for Delegated Underwriting Authority Enterprises.

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David Flandro, head of analytics, and Michelle To, head of business intelligence, Howden, said global reinsurance coverage ratios have deteriorated. Flandro and To spoke with AM Best TV at the Singapore International Reinsurance Conference.

Himalayan Re's Ramamurthy: Nepal Is a Deep Source of Coverage Opportunities

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Tugu Pratama's Nurhidayat: Hardening Market, Rising Economy Points to Growth

Tatang Nurhidayat, president and director, Tugu Pratama, said Indonesia's market slowed during the COVID-19 pandemic but has shown continued recovery. He spoke with AM Best TV at the Singapore International Reinsurance Conference.