All APAC insurers surveyed reported moderate-to-very high concern about physical risk creating broader financial instability, but only 36% have integrated it into overall risk management.
In terms of regional variation, Chinese and Southeast Asian insurers leaned more heavily on equity markets, while Japanese carriers led debt issuance. Australian insurers adopted a mixed approach, accessing...
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.
Investment-linked products (ILPs) surge almost 28% as investors favour regular-premium plans and HNW solutions, while IP premiums surge before 2026 rider reset.
