Rates, climate risks, and technology highlight a transformative year as Asian markets, notably China and India, draw global attention for (re)insurance growth.
Underwriting discipline, climate change and gen AI all featured prominently on the agenda as industry gathered for Asia’s largest (re)insurance conference.
Tobias Farny, Munich Re's Chief Executive of China, spoke to (Re)in Asia about various priorities for the German reinsurer, including green technology, electric vehicles, and cyber.
Despite economic turbulence and sector-wide risks, S&P Global Ratings has improved the sector's outlook, from negative, attributing the upgrade to underwriting performance and strategic pricing.