APAC insurers are well positioned to absorb Middle East-related stresses, but insurers in Singapore stand out owing to their position as a major shipping and insurance hub.
Moody's stable outlook for China's P&C insurance sector reflects an industry where underwriting discipline is gaining ground, amid growing asset risk and accelerating market concentration.
The Hong Kong non-life insurer's A (Excellent) rating and stable outlook remain intact as strong capitalisation and rising investment returns offset a soft, competitive market.
