AM Best upgrades Philippines non-life Outlook, but reinsurance risks persist

'Stable' outlook driven by economic improvements and regulatory advancements, but concerns about higher risk retention and lack of agricultural reinsurance remain.

Editorial team

May 29, 2024

•

7 min read

MEMBERS ONLY

Continue reading with a free account.

Get access to in-depth analysis, breaking news, and exclusive features across APAC insurance.

• Free daily briefing in your inbox each morning

• 7-day trial of premium intelligence

• No credit card required

Existing user?

Sign in here

Read next

AXA bets on one-stop-shop model, specialty expertise to crack Asia's HNW insurance market

June 8 2026

AXA Global Private is banking on its group-wide specialty capabilities to carve out a niche in a segment where rival carriers are already fiercely competing for wallet share.

Red toy car perched on top of stacked banknotes, illustrating auto financing or car costs.

PE-backed insurer Kiwi General debuts in India with motor product, adviser-led strategy

June 8 2026

Co-founded by former Tata AIG CEO Neelesh Garg, the Indian start-up is eyeing a broader product rollout, including commercial vehicle and group health offerings, in the coming months.

singapore-direct-gi-remains-flat-in-q1-as-domestic-claims-ease-but-offshore-earnings-fall

Singapore GI market flat in Q1 2026 as claims fall and underwriting results hold steady

June 5 2026

Direct premiums slipped 0.4%, with onshore credit, aviation hull leading premium growth, while offshore property and cargo dragged.

hong-kong-ia-spotlights-intermediary-conduct-as-2025-complaints-climb-19-9

Resolution Life signs three new asset-intensive reinsurance deals across Hong Kong, Japan

June 4 2026

Reinsurer has completed two in-force reinsurance deals covering participating whole-of-life portfolios in Hong Kong and one reinsurance agreement in Japan.