Reinsurers' home-court advantages are eroding: S&P
Posted On: Oct. 30, 2019 7:05 AM CST
A report by U.S.-based S&P Global Ratings Inc. said that complex pricing challenges, urbanization and chaotic weather could erode the home-court advantage of reinsurers in the Asia Pacific region, Asia Insurance Review reports. The region's reinsurers need to evolve their existing business models and diversify their risks, the report said.