Kuala lumpur: Asia's reinsurers are actively expanding to mature overseas markets as part of a move to diversify and be more agile with underwriting cycle management, according to a new report from AM Best.

According to BERNAMA News Agency, the Best's Market Segment Report, titled 'Asia in Focus: A Two-Way Street for Reinsurance Diversification,' is part of AM Best's comprehensive analysis of the global reinsurance industry. This report comes ahead of the Rendez-Vous de Septembre in Monte Carlo, a significant event in the reinsurance calendar. The report is a segment of AM Best's broader examination of the industry, which will also feature rankings of top global reinsurance groups and detailed analyses of insurance-linked securities, Lloyd's, life/annuity, health, and regional reinsurance markets. These additional reports are expected to be available during August and September.