The review comes as public sector insurers face regulatory pressures to improve solvency ratios and adapt to upcoming reforms under the Insurance Amendment Bill.
Gan Kim Yong, Singapore’s Deputy Prime Minister and Chair of MAS, unveiled plans to incentivise insurers' green infrastructure investments while expanding ILS market.
With six of the ten largest life insurers globally, Asia offers reinsurers the chance to strike new asset intensive reinsurance deals before the pipeline in mature markets starts to dry-up.
