APAC reinsurance buyers benefit from market softening, says OneGlobal

Market Conditions Across Asia Pacific

Asia Pacific reinsurance buyers are broadly benefiting from market softening, bringing greater competition and choice, according to OneGlobal executives Tom Curtis and Gary Moran. However, the region remains a patchwork where outcomes depend heavily on territory, class, natural catastrophe exposure, loss experience and portfolio quality.

Capacity and Specialised Cover

While capacity is readily available, executives noted that catastrophe exposure, supply-chain dependencies and geopolitical uncertainty still require careful assessment. OneGlobal highlighted facultative reinsurance as a tactical tool to help local insurers use capital efficiently and manage complex risks, while noting that maintaining responsive reinsurer security remains critical.