Cover Story: Reinsurance Focus - Can reinsurers defend their positions?
Source: Asia Insurance Review | Nov 2015
Reinsurance is the buzzword this time of the year. With the SIRC being yet another record breaker, the momentum is building up.
In this spread, we bring you insights into the special roundtable Asia Insurance Review hosted with market leaders with a candid view on the key changes in the market which many felt demanded more than “business as usual” responses.
We also bring you another round of excerpts from the Monte Carlo Rendez-vous, where it was evident that competitive pressures continue to transform global reinsurance dynamics. Despite the challenges, many reinsurers have shown an ability to hold their ground through robust capital and risk management. But how many will be able to ride out the current cycle, or will scale be an issue that will drive more players to seek strategic partnerships with others?
By Ridwan Abbas