This report does not constitute a rating action. SINGAPORE (S&P Global Ratings) Oct. 28, 2026--Softer pricing could pressure Asia-Pacific reinsurers'profitability in the coming two years. Still, our deep dive found established domestic franchises, selective underwriting, and sufficient capital buffers should support creditworthiness and our stable Asia-Pacific reinsurance sector view. Our deep dive focused on fifteen rated and unrated Asia-Pacific reinsurers resulted in us maintaining our stable view of the sector."Key risks include potential large losses from catastrophe events, financial-market and currency volatility, and geopolitical uncertainty,"said Trupti Kulkarni, a credit analyst at S&P Global Ratings. For more, see"Asia-Pacific Reinsurance In Charts: Discipline Will Differentiate ,†published on Oct. 28, 2026."Premium growth should remain modest,