Good opportunities for reinsurers: BMS Group
What are the main trends in the Latin American market?
We’re witnessing several noteworthy characteristics shaping our Latin American markets. Many of our countries are undergoing a political shift towards left-leaning, more socialist-driven economies. This shift has led to increased protectionism for domestic companies, resulting in challenges for international investors, tighter entry barriers for newcomers, and a surge in national investments across various sectors, including infrastructure, insurance, and finance.
In the context of reinsurers, they have experienced robust economic growth after enduring significant setbacks during the COVID-19 pandemic. Furthermore, they have benefited from improved ratings. These times present intriguing opportunities for reinsurers, marked by higher premium rates, increased insured values (largely driven by inflation), and favourable financial gains due to an upward correction in capital markets.
What trends are you seeing around inflation?
