Singapore Re Maintains Strong Balance Sheet Strength

Int’l Insurance Desk: Singapore Reinsurance Corporation Limited is positioned for continued strong results thanks to disciplined underwriting and solid investment returns, according to a recent assessment by AM Best.

The credit rating agency noted sustained improvement in the reinsurer’s operating performance over recent years, with favourable underwriting outcomes and positive investment income helping to underpin overall earnings.

Operating results in the first half of 2026 remained favourable, and investment income continues to support the bottom line.

AM Best said Singapore Re’s balance sheet strength rests on risk-adjusted capitalisation that is expected to stay at the strongest level over the medium term. The company’s investment portfolio centres on cash, deposits and fixed-income securities, though it carries some exposure to higher-risk assets such as equities.

Looking ahead, Singapore Re is expected to keep delivering solid operating performance through healthy business growth while holding to prudent underwriting standards.

The reinsurer uses retrocession arrangements to expand its underwriting capacity and to manage accumulations of catastrophe risk as well as large single exposures.

It also benefits from good financial flexibility stemming from the backing of its parent company, Fairfax Financial Holdings Limited.