Insurance regulators are tightening rules for asset-intensive reinsurance while promoting alternative forms of insurance risk transfer.
In its latest commentary on global insurance regulatory developments from April to September 2026, Fitch Ratings pointed out that in Asia, regulatory bodies in Singapore and Hong Kong have launched consultations to introduce innovative risk transfer solutions built on protected cell companies.
According to Fitch, the aim of this exercise is to improve access to insurance covers for SMEs and to better spread peak Nat CAT exposures.
Fitch Ratings’ report, ‘Global Insurance Regulatory Developments: 3Q26’, can be accessed here.