Speaking at SIRC 2026, SCOR’s Thierry Léger argues capital should only follow capability, warning that rushing capacity into AI and data centres risks repeating costly mistakes.
Large-risk and flood claims turned the fire book loss-making, while a ₹7.15bn (US$75m) motor third-party provision tied to a court ruling added to underwriting pressure.
The association’s handbook sets out a five-stage assessment for underwriting, claims and risk teams, covering third-party dependencies and portfolio concentration.
The regulator completed its industry-wide consultation and is currently evaluating the feedback received, with the revised guideline scheduled to take effect in 2027.
The regulator is pushing insurers to finance infrastructure as well as insure it, while a planned US$200m data centre insurance facility aims to anchor regional risk capacity in Singapore.
Insurers are increasingly looking to invest in growth initiatives, while reinsurers are differentiating through expertise and solutions rather than capacity alone, says Hitesh Kotak, chief executive for...
A favourable product mix and stronger insurance earnings offset investment-related pressures on profitability, even as third-quarter net profit fell 72% year on year.
