Reinsurance News
non-life
AM Best revises Germany’s non-life insurance segment outlook to stable
25th February 2026
AM Best has revised its outlook for the German non-life insurance segment to stable from negative, driven by expectations that premium rate increases will continue to keep pace with claims inflation, leading to a stabilisation in profitability. In its recent report, AM Best said the stable outlook reflects expectations that the ... Read the full article
Non-life run-off specialists emerge as central capital management partners for insurers: AM Best
12th January 2026
Non-life run-off specialists have moved well beyond their traditional role as managers of discontinued books and are now viewed as core strategic capital partners for insurers, according to a new report from the credit rating agency AM Best. The ratings agency notes that these firms are increasingly helping insurers release capital, ... Read the full article
Hong Kong’s non-life insurance segment profitable amid market challenges: AM Best
19th December 2025
Hong Kong’s non-life insurance industry has consistently achieved profitable underwriting over the past five-year, driven by the performance in the general liability and property damage lines of business, according to a new AM Best report. Accident & health (A&H) coverage remained the largest contributor to gross written premiums (GWP) during the ... Read the full article
AM Best confirms stable outlook for Malaysia’s non-life insurance sector
17th December 2025
Credit rating agency AM Best has confirmed a stable outlook for Malaysia’s non-life insurance sector, highlighting regulatory measures aimed at boosting insurance penetration and the phased removal of tariffs on motor and fire insurance. The rating agency notes that the sector remains well-positioned for sustained growth, even as Malaysia’s real GDP ... Read the full article
South Korea adjusts discount rate rules to ease solvency pressures on non-life insurers
16th December 2025
South Korea’s financial authorities have relaxed regulations on discount rates, a move expected to ease solvency pressures for the country’s non-life insurers, according to credit rating agency AM Best. Declining market interest rates, combined with stricter rules on discount rate calculations, have been creating challenges for insurers’ capital adequacy. The newly ... Read the full article
EMEA insurance market to enter 2026 on steady footing: Fitch
5th December 2025
Credit rating agency Fitch Ratings states that the broader EMEA insurance landscape enters 2026 on a steady footing, supported by reliable operating performance, firm capitalisation and continued momentum in new business generation. According to Fitch Ratings, conditions across the region are steady enough to justify a 'neutral' outlook despite muted economic ... Read the full article
Life insurance drives growth as Colombia’s non-life segment faces rising leverage risks: AM Best
1st December 2025
Colombia, among Latin America’s more advanced insurance markets, is seeing growth increasingly driven by the life insurance sector, according to a new AM Best report. While non-life insurance continues to hold the larger share of market participants and has benefited from higher demand in commercial, motor, and liability lines, AM Best’s ... Read the full article
Japan’s non-life insurance market strengthens through reforms and reinsurance adjustments: Gallagher Re
27th October 2025
Gallagher Re, the reinsurance broker and risk advisory firm, provides new insights into Japan’s non-life insurance sector in its latest Asia Pacific Market Watch Report. The report shows that Japan, a global top-ten market by non-life premiums and one of the largest in the Asia-Pacific region, continues to progress through structural ... Read the full article
AM Best maintains stable outlook on Indonesia’s non-life insurance market
9th October 2025
AM Best has maintained its stable outlook on Indonesia’s non-life insurance segment, citing resilient growth prospects, ongoing regulatory improvements, and strong investment returns. The rating agency expects continued expansion in Indonesia’s non-life market, supported by infrastructure development, solid household consumption, and sustained government spending — all of which should drive higher ... Read the full article
Philippine insurers FPG and Mercantile announce merger
20th August 2025
FPG Insurance Co Inc (FPG) and The Mercantile Insurance Co Inc, two of the largest non-life insurance providers in the Philippines, have announced their plans to merge, forming FPG Mercantile. With a combined GWP of PHP 10 billion, FPG Mercantile is set to become a new non-life insurance powerhouse in the ... Read the full article
Chinese non-life insurance sector shows resilience amidst market challenges: Fitch Ratings
30th June 2025
Fitch Ratings, a credit rating agency, reports that China’s non-life insurance sector continues to exhibit strong financial stability, which has supported consistent growth in premiums and improved underwriting outcomes during the first quarter of 2025. According to Fitch Ratings, despite ongoing challenges related to tariff-driven trade tensions, the sector has benefited ... Read the full article
Taiwan’s non-life insurance premiums rose 10.5% in 2024: AM Best
17th June 2025
Taiwan’s domestic non-life insurance premiums continued to rise in 2024, increasing by 10.5% to TWD 278.5 billion (USD 9.2 billion), according to a recent report by AM Best. All of AM Best’s rated entities recorded premium growth during the year, supported by expansions in voluntary motor, travel insurance, and commercial lines. Combined ... Read the full article
AM Best maintains stable outlook on South Korea’s non-life insurance market
6th June 2025
Credit rating agency AM Best has maintained its stable outlook on South Korea’s non-life insurance segment, citing continued improvement of the country’s domestic solvency standards, which have helped strengthen insurers’ capital management practices. Additional factors include moderate growth in the long-term and general insurance segments, and efforts to improve profitability in ... Read the full article
German non-life insurance sector surpasses forecasts as Fitch upgrades outlook
4th June 2025
According to Fitch Ratings, a credit rating agency known for its financial analysis and industry outlooks, Germany’s non-life insurance sector performed better than previously projected in 2024. Fitch revised key performance indicators upward across the board, reflecting stronger-than-expected underwriting profitability, robust premium growth, and favourable investment conditions. The agency now forecasts an ... Read the full article
AM Best maintains stable outlook on Italy’s non-life insurance segment
3rd June 2025
AM Best has maintained its stable outlook on Italy’s non-life insurance segment driven by natural catastrophe risks gaining relevance, expected maintained profitability, and stable growth sustained by underwriting discipline. Natural catastrophe risks are gaining relevance due to new laws effective March 31, 2025, which require large enterprises to have insurance coverage ... Read the full article
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