The Asia-Pacific (APAC) reinsurance market is likely to remain soft in 2026, with strong capital and ample capacity continuing to drive competition and put pressure on pricing. Ratings agency Fitch Ratings says the expected soft market is likely to weigh on underwriting margins. However, conditions are expected to become increasingly differentiated by geography, line of business, risk profile and cedant loss experience.
The Global Asia Insurance Partnership (GAIP) has announced a strategic partnership with Cathay Life Insurance, which has joined GAIP as a Principal Partner.
Willis, a WTW business, has appointed Mr Trevor Madden as Head of Captive and Insurance Management Solutions for APAC, effective 1 November 2026.
APAC may be the fastest-growing insurance region globally, yet growth is uneven.
Zurich Singapore has appointed Mr Dylan Bryant as Head of Zurich Multinational and Captives, APAC, and Mr Patrick Fyson as Head of Property, Asia.
The Pan-Asia Risk and Insurance Management Association (PARIMA) will host its Singapore Conference 2026, beginning with a one-day Masterclass on 14 October, followed by the conference on 15 October 2026.
APAC has become what he described as "the engine room for global aviation industry growth and aerospace".
There has been a significant increase in public-private collaboration in the insurance market, with substantial inflows of support from governments and development institutions internationally.
Advances in biomarkers and disease-modifying therapies (DMTs) are challenging traditional product design in dementia insurance.
Long-held paradigms are being challenged every day in the actuarial profession, by technological changes and changes in the dynamics between institutions and geopolitics, according to Singapore Actuarial Society President Alex Lee.