The expanded offering comes as regulators and corporates across Asia-Pacific show growing interest in captives and other alternative risk-transfer mechanisms.
Favourable claims development on its non-life book and robust margins from a growing life business lifted underwriting performance at the Philippines’ sole domestic reinsurer.
Falling premiums reflect surplus capital rather than lower exposure, PARIMA speakers said, as geopolitical, AI, climate and labour risks combine and compound.
The electric two-wheeler manufacturer is seeking to expand its revenue streams by leveraging its existing customer base to distribute insurance products under a composite corporate agent licence.
Malaysia’s RHB says talks on selling its insurance arm have made “meaningful progress”, but the parties still need to finalise the transaction terms and documents.
Gains on a relatively high allocation to Indian equities carried the year’s earnings, though the same holdings expose the reinsurer’s balance sheet to market risk.
