The regulator pointed to higher claims costs, tighter reinsurance appetite and pressure on trade-exposed lines as external volatility feeds into the sector.
Nine in ten executives feel inadequately protected as Munich Re warns agentic AI will amplify attack frequency as the boundary between state-sponsored and criminal threat actors continues to blur.
MST Marsh will offer specialist knowledge in commercial business lines, focusing on corporate with annual turnover between ¥30bn and ¥200bn (US$200m - US$1.3bn).