Australia's prudential regulator has outlined measures to address rising reinsurance costs and reduce regulatory compliance burdens for insurers as part of its latest corporate strategy.
Under regulatory pressure to improve its capital adequacy, Taiwan's Mercuries Life is exploring a potential sale of the business along with other options.
Swiss Re’s adoption of IFRS 17 saw it top AM Best's global IFRS 17 reinsurer rankings, as rate softening in Japan marked a year of change for Asia’s largest reinsurers.