The PE firm is said to be considering strategic options for Oona, just over three years after the firm was established through a US$350m equity commitment.
The ratings agency highlights stronger capital management and diversified earnings among Japan’s insurers as they adapt to higher interest rates, solvency reforms and increased use of reinsurance and overseas...
Most insurers anticipate similar allocation proportions for bank deposits, bonds, mutual funds, and other financial assets compared to 2025, with some planning to modestly increase equity investments.
The insurer, which reported a solvency ratio of 142% as of September 2025, now has two months to submit a revised plan covering asset disposals, cost reductions, and capital increases.
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.
