Saudi Reinsurance Company's (Saudi Re) reinsurance revenues surged by 45.27% year-on-year (YoY) to SAR1.19bn ($317.3m) in the first nine months of this year (9M2025) from SAR824.15m in 3Q2024.
Oman Re, the Sultanate of Oman's sole reinsurer, has announced strong financial results for the nine months ended 30 September 2025 (9M2025), recording a net profit after tax of OMR3.2m ($8.4m).
China's reinsurance industry is entering a new phase of accelerated development, with 26 onshore reinsurers now operating in Shanghai's Lingang area and six overseas institutions establishing trading seats at the Shanghai International Reinsurance Registration and Trading Centre. By the end of the third quarter of 2025, total registered transactions at the centre reached CNY110bn($15.4 bn), with cumulative trading volume of CNY4.5bn.
With the theme 'Unlocking Reinsurance', and titled 'Opportunities in a Changing Climate: Building Catastrophe Resilience in Thailand', the Thailand Reinsurance Conference 2025 opened with welcome remarks from Thai General Insurance Association president Somporn Suebthawilkul.
Sukoon Insurance has announced a 56% year-on-year (YoY) surge in profit before tax to AED303.2m ($82.3m) for the first three quarters of this year (3Q2025), exceeding its full-year 2024 profit.
Swiss Re has appointed Mr Mathieu Henry as UAE market head, P&C reinsurance. He will be based in Zurich, overseeing reinsurance activities in the region.
Reasuransi MAIPARK Indonesia (MAIPARK) noted that the majority of residential homes in Indonesia are uninsured, according to Strategic Planning & Risk Management Group Head of PT Reasuransi MAIPARK Indonesia, Mr Ruben Damanik.
AIG has entered into definitive agreements to acquire the renewal rights for a majority of Everest Group's retail insurance portfolios worldwide, representing in aggregate approximately $2bn of premium.
Aon has appointed to its Reinsurance Solutions Mr Andrew Secker as EMEA chief client officer and Mr Daniele De Bosini as EMEA chief broking officer.
East Africa Reinsurance Company (EARe) has a track record of adequate operating performance, with return-on-equity ratios moderately exceeding inflation rates in Kenya over the past five years, notes AM Best.