The insurer has also offered wider home cover in northern Western Australia and pledged A$20m (US$14m) for community resilience as it seeks ACCC approval.
Industry experts expect future asset-intensive reinsurance (AIR) growth to hinge on access to third-party capacity, suitable matching assets and demonstrable risk transfer.
Nasional Re, which accounted for 13% of reinsurance sector premiums in 2025, remains below the risk-based capital minimum with negative equity, while Indonesia’s seven other reinsurers report ratios above...
Insurers in Taiwan and Japan are reworking products to ease capital and surrender pressures, while panellists warn that data-centre exposures and interacting emerging risks may outpace current models.
Upcoming capital reforms and tighter underwriting discipline should support earnings stability, although volatility is likely to persist in the near term.