The IAIS's multi-year assessment of 16 jurisdictions finds resolution tools underdeveloped and liquidity stress-testing requirements uneven, even as macroprudential supervision matures.
Despite the weaker Asia performance, the reinsurer is eyeing expansion into China, India, and Southeast Asia under its new VIGRe28 strategy, as it prepares to open a Singapore office.
Moody's stable outlook for China's P&C insurance sector reflects an industry where underwriting discipline is gaining ground, amid growing asset risk and accelerating market concentration.
He brings over 15 years of experience across insurance, financial services, and digital distribution, with prior stints at Liberty Mutual Insurance and Manulife.
The development highlights ongoing regulatory efforts to address cost pressures and execution challenges in India’s rapidly growing private health insurance market.