Korea led the region’s softening with a 17% composite rate drop, while Taiwan and Hong Kong SAR also posted double-digit declines, according to Marsh data.
Three South Korean insurers have held early stage discussions with Indian players, advisers, and the regulator, as they look to enter the US$130bn market.
Mandatory core capital rule from January 2027 targets heavy hybrid use, raising refinancing pressure, but is viewed as credit positive with limited near-term ratings impact.
The ratings agency said it will revisit the life insurer's credit profile once the effects of its new majority owner become clearer, amid softer earnings but solid capital strength.
Survey reveals growing concerns over energy crises in key markets like Australia, the Philippines, and South Korea, while political instability and AI-driven threats have surged as a concern for risk managers...
