Gloria Methri is a Regional Correspondent at (Re)in Asia, tracking the regulation and risk stories moving Asia Pacific insurance. Areas of specialty include Indian insurance regulation, natural catastrophe losses across China and Australia, and marine and war risk markets.
The broker expects the structure to appeal to smaller firms exploring captives, larger corporates pursuing phased ownership strategies and ILS sponsors.
Swiss Re expects Asia to outpace global insurance growth in 2026, though the regional outlook is splitting sharply between AI beneficiaries, energy-exposed markets and reform-led growth stories.
Insurers face broader expectations on stress testing, collateral quality, recapture planning and reinsurer due diligence under the revised guidelines, which apply from July 1.
Home minister Amit Shah said the venture would build on IFFCO's existing joint venture with Tokio Marine to widen the cooperative sector's role in insurance.
