BestWeek Asia/Pacific: Financial Turmoil Clouds Reinsurance Markets in India, China

Business Wire, June 22, 2009

OLDWICK, N.J. -- Financial uncertainty is obscuring the strategic outlook for reinsurers worldwide as they prepare for negotiations leading up to the January 1 renewal season. Two articles in BestWeek Asia/Pacific explore the region’s delicate reinsurance markets, with a focus on the rapidly growing sectors in India and China.

A.M. Best Co.’s BestWeek Asia/Pacific is a multimedia online digital newsletter for insurance professionals. The 23 June edition is available at www.bestweek.com/bwap062309.html or by visiting www.bestweek.com.

This week’s edition also examines U.S.-based MassMutual’s plan to acquire a 19.9% stake in China’s Yingda Taihe Life Insurance Co.

The edition includes audio interviews with Ashvin Parekh, national leader of financial services with Ernst & Young India, and James Vickers, chairman of Willis Re International.

Video reports include a review of the A.M. Best Stock Indexes for Asia/Pacific, Global Brokers and Global Reinsurers and video news updates.

For a complimentary subscription, visit www.bestweek.asia.

Founded in 1899, A.M. Best Company is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. For more information, visit www.ambest.com.