COVID-19, catastrophes to drive reinsurance demand
Posted On: Jan. 14, 2021 9:20 AM CSTU.S.-based S&P Global Ratings Inc. expects increased demand for reinsurance protection among insurers in the Asia Pacific region following a series of costly natural catastrophes and the COVID-19 pandemic, Artemis reported. S&P advises the insurers to consider both traditional and alternative protection programs for efficient protection, as the market hardens.