The Indonesian reinsurer's risk-based capital ratio fell to 163% at end-2025 from 228% a year earlier, with Fitch also assigning a negative outlook following the ratings downgrade.
Reinsurers and brokers are exploring new programme designs to balance capital efficiency with growing digital risk exposures as cyber insurance continues expanding across global markets.
Representatives from PCRIC, African Risk Capacity, CCRIF SPC, and SEADRIF met in Italy to begin work on a shared risk finance platform for member states.