Fitch predicts more insurance market consolidation

Fitch Ratings expects Indonesia’s higher minimum equity thresholds for insurers and reinsurers to accelerate market consolidation as weaker players seek capital or become acquisition targets, Reinsurance News reports. While most Fitch-rated insurers already meet initial 2026 requirements, about 70% will need more equity by 2028, a shift Fitch views as credit positive for stronger firms that can enhance their market positions.