Fitch Ratings has kept a neutral outlook on Asia-Pacific's insurance sector in 2026, according to a recent release.
The neutral outlook stems from solid performance and solid solvency cushions across most markets, Fitch said.
The rating agency believes operating margins will stay afloat, given a better competitive environment and even with volatile regulations and weaker growth.
With moderating growth, life insurers will place quality growth and product profitability as their priorities, Fitch said.
Meanwhile, non-life insurers will look into underwriting control and efficiency.
Given shifting solvency frameworks, insurers are taking in more capital-raising and proactive asset-liability management.
The rating agency has retained its deteriorating outlooks on China and Taiwan life insurers, given dampened premium growth and susceptible earnings in China, as well as capital pressure in Taiwan due to new regimes.
Comments