Korea led the region’s softening with a 17% composite rate drop, while Taiwan and Hong Kong SAR also posted double-digit declines, according to Marsh data.
Reinsurance broker plans to deepen its engineering and specialty lines, expand structured solutions, and launch an industry-first life product in India.
Reinsurance buyers secured significant price relief and improved contract terms during the January 1 renewals, as a surge in available capital shifted the market in favor of cedants.
Plentiful capacity, bolstered by returning new entrants, and strong reinsurer appetite remain to the cedents’ advantage as the market enters 2026, according to the reinsurer's global head of cyber.
Survey reveals growing concerns over energy crises in key markets like Australia, the Philippines, and South Korea, while political instability and AI-driven threats have surged as a concern for risk managers...
