Developing nation insurers could benefit from reinsurance market growth: Guy Carpenter

U.S.-based reinsurance broker Guy Carpenter & Co. L.L.C. has said that cedents in developing Asian markets could stand to benefit as the reinsurance market is keen to expand, Artemis.bm reports. "Deployment of catastrophe bonds and collateralized reinsurance primarily occurs in more mature Asian markets such as Japan and Australia, but cedents throughout Asia may benefit – although indirectly – in the coming years as third party investors search for diversification through new lines of business and geographies," Guy Carpenter said.

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