Printed from BusinessInsurance.com

Emerging markets being viewed as reinsurance growth avenues: JLT Re

Posted On: Oct. 18, 2016 5:00 AM CST

A report by JLT Re, the reinsurance arm of Jardine Lloyd Thompson Group P.L.C., has highlighted the potential for growth in emerging markets, underscoring the need for access to reinsurance capital. With rates in the global reinsurance market under significant pressure, emerging markets are seen as a potential, and significant growth avenue for insurers, reinsurers, and insurance-linked securities players. JLT Re said that China, India, Thailand, Brazil, Mexico, Kenya, and South Africa will play an important role in premium growth over the next five years, Artemis.bm reported.

Read more.