The Asia-Pacific (APAC) reinsurance market is likely to remain soft in 2026, with strong capital and ample capacity continuing to drive competition and put pressure on pricing. Ratings agency Fitch Ratings says the expected soft market is likely to weigh on underwriting margins. However, conditions are expected to become increasingly differentiated by geography, line of business, risk profile and cedant loss experience.
As the reinsurance market enters the upcoming renewal season against the backdrop of an increasingly interconnected and rapidly changing risk landscape, clients need support in in identifying evolving exposures and risk accumulations through data and analytics, underwriting expertise and tailored solutions to manage this complex environment.
AM Best has upgraded Singapore Reinsurance Corporation's (Singapore Re) Long-Term Issuer Credit Rating (Long-Term ICR) to "a+" (Excellent), up from "a" (Excellent). The ratings agency also affirmed the reinsurer's Financial Strength Rating (FSR) of A (Excellent) of Singapore Reinsurance Corporation Limited (Singapore Re).
Kenya's insurance industry recorded strong growth with gross direct premiums rising 16.5% to KES466.58bn ($3.61bn), up from KES400.59bn in 2024, according to a statement released by the Insurance Regulatory Authority (IRA).
Japan's life reinsurance market has undergone quantitative expansion with an increase in ceded volume, as well as qualitative evolution involving a fundamental shift in the role of reinsurance, in recent years, according to The Toa Reinsurance Company (Toa Re).
Zurich Singapore has appointed Mr Dylan Bryant as Head of Zurich Multinational and Captives, APAC, and Mr Patrick Fyson as Head of Property, Asia.
As risks are becoming more global and volatile, the value of reinsurance has never been more evident than it is today, according to a new report by the global reinsurer Munich Re.
A new International Alternative Solutions practice, bringing together specialist expertise to develop innovative risk and capital solutions for clients across international markets, has been launched by Howden Re.
AI data centres and renewable energy investments could generate around $200bn in cumulative commercial insurance premiums by 2030, says a new Swiss Re Institute report.
The Pan-Asia Risk and Insurance Management Association (PARIMA) will host its Singapore Conference 2026, beginning with a one-day Masterclass on 14 October, followed by the conference on 15 October 2026.