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Foreign players eyeing Asia's reinsurance market: Fitch

August 19, 2014 - 6:34am


Fitch Ratings Inc. said there is growing interest among foreign reinsurers to establish or expand their operations in the Asia-Pacific region, Asia Insurance Review reported.

One drawing factor is the strong growth momentum of the Asian reinsurance markets.

Other factors include growing risk awareness and continued market demand by the cedents due to the increasing frequency of natural disasters.

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