Kathmandu. The latest Sigma report by Swiss Re, a global reinsurance group, found that Asian and global insurance markets continue to struggle with supply disruptions and trade slowdowns caused by the Middle East conflict. <\/p>\n
According to Sigma Reports’ report titled ‘World Insurance in 2026: Shock Absorbers in a Fragmented World’, the Strait of Hormuz, the main fuel transport route, has reopened, but global supply chains are still vulnerable. <\/p>\n
The report noted that the growing demand for artificial intelligence (AI) is supporting Asian economies to mitigate the risks of geopolitics. <\/p>\n
The rapid growth of AI is driving demand for insurance and providing relief to the Asian economy. Higher semiconductor (chip) exports from Asia have helped balance the price of expensive oil. Jerome Jean Hagelly, chief economist at Swiss Rica, said geopolitical divisions such as a ban on semiconductor exports and limits on foreign direct investment in technology could slow economic growth.\u00a0Massive investments in data centers, electrification and large industries are expected to push up inflation as they increase pressure on energy and building materials. <\/p>\n
The report predicts a slight slowdown in the growth of insurance premiums in the coming years.\u00a0The growth rate of non-life insurance is expected to slow to 0.6 percent in 2026 due to increasing competitive pricing in the market and weak economic momentum. <\/p>\n
On the back of higher returns, the life insurance sector is expected to grow at 2.3 per cent. China will continue to be the world’s largest insurance market in terms of nominal rates, while India is projected to be the fastest-growing insurance market among the world’s top 20 markets.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. The latest Sigma report by Swiss Re, a global reinsurance group, found that Asian and global insurance markets continue to struggle with supply disruptions and trade slowdowns caused by the Middle East conflict. According to Sigma Reports’ report titled ‘World Insurance in 2026: Shock Absorbers in a Fragmented World’, the Strait of Hormuz, the […]<\/p>\n","protected":false},"author":5,"featured_media":71810,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45159,45102],"tags":[],"class_list":["post-306348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-news-en","category-reinsurance-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/306348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=306348"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/306348\/revisions"}],"predecessor-version":[{"id":306349,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/306348\/revisions\/306349"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/71810"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=306348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=306348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=306348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}