Higher reinsurance costs and growing catastrophe budgets to erode profits of Asia-Pacific insurers: S&P

Higher reinsurance costs and growing catastrophe budgets to erode profits of Asia-Pacific insurers: S&P

“With central banks across Asia-Pacific looking to adjust interest rates at different times, relative value of assets and returns, as well as hedging costs, could move,” said Craig Bennett, credit analyst at S&P Global Ratings Melbourne: International...