Alternative capacity come a-calling
Source: Asia Insurance Review | Dec 2016
Excess capacity in the reinsurance sector has been keeping the market soft for a while with some US$72 billion in the form of CAT bonds and similar investments as at end 2015. But in Asia, it is still not as common especially with cheap traditional reinsurance abounding. However, the talent around alternative capital and the thirst to try hybrid reinsurance, is giving AC a second chance and so AC providers are coming-a-knocking seeking investment opportunities in the region.