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Global takaful sector resilient despite geopolitical risk, consolidation to continue

Moody's Ratings has said that it expects moderate growth in global Islamic insurance premiums over the next two to three years.


Saudi Arabia sets up technical committee to optimise marine war risk pricing

The authorities have formed a specialised technical committee for pricing coverage offered by the Saudi Pool for Marine War Risk Insurance, according to Mr Tariq bin Ali Al-Fayez, Chairman of the National Insurance Committee at the Federation of Saudi Chambers.

Tunisia: STAR shows solid 2026 first-half financial performance

Tunisia's biggest insurer, Societe Tunisienne d'Assurances et de Reassurances (STAR) has published its interim financial statements, showing a net profit of TND28.1m ($9.6m) for the first half of this year, up approximately 31.9% compared to the TND21.3m recorded in the same period in 2025.

Other News

Asia

  • South Korea: General insurers will work with the country's National Assembly to develop insurance fraud response system
  • Japan: General Insurance Association of Japan has covered quite a distance in the last three months
  • Hong Kong: Steps to bring in transparency in healthcare costs and retirement security are a welcome step

China

  • Proposed new insurance law restructures insurers' investment framework
  • Authorities target online insurance market irregularities
  • Insurance pricing coefficient ranges to be aligned between NEVs and fossil-fuel vehicles
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Agents

  • India: ICICI Prudential Life upgrades digital capabilities of advisors and distribution partners with AI
  • Global, Asia: Life insurance retention - Advisers have a bigger role to play after the sale
  • Hong Kong: Sun Life broadens policyholder healthcare support

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  • 4
    Algeria:Insurance grows to become strategic lever for agriculture sector
  • 5
    Saudi Arabia:Regulator stresses driver coverage varies depending on the terms of motor insurance policy



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