Emerging markets continue to navigate transformational global shifts, yet structural reforms and policy discipline are driving remarkable resilience across the asset class. Our notes from the S&P Global Ratings Emerging Markets conference.

Staying ahead of shifting market dynamics and evolving methodologies is central to how we structure our clients’ rating strategies. Our takeaways from S&P Global Ratings’ Summer Advisory Council.

The standout credit takeaway from S&P Global’s Monte Carlo briefing: the global reinsurance sector is operating with historically high levels of capital headroom – but rating stability through the softer phase of the cycle will be determined by underwriting governance.

The AM Best reinsurance market briefing provided an essential barometer for the global market’s trajectory: strong risk-adjusted capitalisation, a stable outlook for global non-life reinsurance, and a sharp focus on emerging structural headwinds.

Fitch is maintaining a ‘deteriorating’ outlook for the global reinsurance sector going into 2027 – yet 88% of the peer group holds a stable rating outlook. Our notes from the Monte Carlo briefing.