In a recent interview, William Ho, CEO of MS Amlin for Asia Pacific, emphasized the continued importance of underwriting discipline in the reinsurance market despite shifts in dynamics for 2024. Ho highlighted that throughout the Singapore International Reinsurance Conference, a consistent message was the need for fair treatment during renewals, especially in light of recent natural disasters impacting the Asia region. He noted an anticipated rise in reinsurance demand driven by growth, insolvency changes, and risk-based capital requirements. Looking forward to 2025, Ho warned that while there may be increased capacity, reliance on short-term solutions could pose risks for businesses in the long term.
