Market players are scrutinising supply chain exposures more closely, as cross-border deal complexity and regulatory uncertainty drive claims activity across Asia.
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.
Trade tensions and supply chain disruptions force a reassessment of rates and pricing strategies, but China's EV insurance segment could reach break-even this year.