AI adoption and cloud platform capabilities are transforming business – but the speed and scale of such a rapid shift provides rich opportunity for ransomware, fraud and third-party disruption.
Korea led the region’s softening with a 17% composite rate drop, while Taiwan and Hong Kong SAR also posted double-digit declines, according to Marsh data.
Reinsurance broker plans to deepen its engineering and specialty lines, expand structured solutions, and launch an industry-first life product in India.
Reinsurance buyers secured significant price relief and improved contract terms during the January 1 renewals, as a surge in available capital shifted the market in favor of cedants.
Plentiful capacity, bolstered by returning new entrants, and strong reinsurer appetite remain to the cedents’ advantage as the market enters 2026, according to the reinsurer's global head of cyber.