Jessica Li is a Reporter at (Re)in Asia, following the appointments, ratings and deals shaping the region's insurers. Areas of specialty include senior people moves, insurer ratings actions, and M&A across marine, financial and reinsurance lines in markets including Vietnam, Hong Kong, Korea and India.
Fewer troubled member builders, better recoveries and bigger budgets for state-led projects should lift results at the Korean guarantor after weak profitability since 2023.
The trade bodies, whose members represent around US$200bn in gross written premiums, will share evidence on resilience, regulation and extreme weather, alongside emerging risks such as cyber and AI.
Fair value gains from lower interest rates and a favourable equity market drove the turnaround, while Fitch expects investment profits to moderate in 2026.
The insurer has voluntarily stopped writing new business since February, but the FSA is planning a formal order after employees improperly obtained JPY3.1bn (US$19.7m) from about 500 customers.
The State Grid-owned insurer's solvency ratio was 275% at the end of H1 2026, unchanged from the end of 2025, while disciplined risk selection kept its combined ratio at 93% in 2025.
