SINGAPORE, Oct 26 (Bernama-BUSINESS WIRE) -- Government intervention and regulatory support can influence the development of insurance and reinsurance markets, but the actual impact varies across markets in Asia.
The Best’s Special Report, titled, “Impact of Government and Regulatory Support for Local Reinsurers Varies in Asian Markets,” states that the desire to support social stability with a greater level of fiscal certainty is one key motivation for using (re)insurance as a policy tool. However, the impact of government initiatives can vary significantly by country and over time.
The Best’s Special Report, titled, “Impact of Government and Regulatory Support for Local Reinsurers Varies in Asian Markets,” states that the desire to support social stability with a greater level of fiscal certainty is one key motivation for using (re)insurance as a policy tool. However, the impact of government initiatives can vary significantly by country and over time.
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