Non-life, Ratings, Ratings affirmation

Union Insurance posts record-low 91.1% net combined ratio in 2025 — AM Best

The insurer had refined its underwriting strategy to improve profitability while expanding its accident and health and commercial liability businesses, according to the ratings agency.

Leo Laparan II

May 22, 2026

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3 min read

Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.

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Market conditions continue to evolve as businesses review their priorities and plans for growth. The pace of change varies across the region, with local factors shaping how organisations respond.

Attention is turning to the balance between near-term opportunities and longer-term objectives. Decisions made today will help determine how businesses adapt as conditions develop.

While the outlook remains varied, the broader direction reflects a market adjusting to new demands. The implications will become clearer over time as plans move into practice.