The agency said the changes are unlikely to be meaningful enough in most cases to negatively affect insurers’ credit profiles, even if firms adjust investment, hedging and product design.
Insured losses from the event were estimated at US$300m, as global economic losses reached US$37bn, 43% below the 21st-century average and the lowest since 2015.
Australia's new mandatory merger control regime gets put through its paces as the regulator examines IAG's proposed A$1.35bn (US$951m) deal for the second time.
Softer conditions, strong M&A activity, and improved market infrastructure should drive renewed deal momentum following a 2024-2025 slowdown, according to the broker.
India's largest private sector general insurer's loss ratios in crop and fire lines increased during FY2026, however the business saw profits rise by over 10%.
