South Africa's economy and large life insurance sector have an outlook of steady growth and improving resilience, supported by reforms that remove some of the constraints on key sectors such as transportation and pensions, according to a Swiss Re Institute (SRI) report.
Gross written premiums for the insurance market in Iraq reached IQD142.7bn ($108.9m) in the second quarter of 2025 (April-June), against IQD100.3m in the corresponding period of the past year, registering an increase of 42%, according to a statement issued last week by the Iraqi Insurance Bureau (the Diwan), the insurance regulatory authority in Iraq.
Nearly two-thirds of individuals believe that agentic artificial intelligence (AI) will play a supportive role in the insurance industry, with humans still in the background, whilst 18.4% think it will replace human agents and the remaining 17.3% believe that AI will play a minimal role and human interaction is essential.
The Saudi Insurance Authority will be organising a global insurance conference and exhibition in Diriyah from 10-12 November 2025.
Japan's government is planning tougher action against foreign residents who do not contribute to public health insurance or pension, reported NHK World.
Income Insurance in partnership with Beecroft Animal Specialist & Emergency Hospital has launched a first of its kind cashless value-added service for pet surgeries.
Global economic and policy uncertainties and the consequent volatile financial market conditions are expected to continue to pose a key downside risk to the performance of insurers and takaful operators (ITOs) in Malaysia, given their sizeable investment holdings in bonds and equities, according to Bank Negara Malaysia's (BNM) report, titled "Financial Stability Review: First Half 2025".
Consumers who are optimistic about economic improvement are more likely to boost their insurance spending compared to those who believe the economy is deteriorating, a study by Hong Kong-headquartered global reinsurer Peak Reinsurance Company has found.
Kenya based health benefits solutions provider Executive Healthcare Solutions (EHS) has entered into a sole distribution process with Axa Global Healthcare for all its international private medical insurance (IPMI) sold through Africa.
Tata AIA Life Insurance has launched its new Underwriting Rule Engine (URE), a digital platform that uses artificial intelligence and big data to make buying life insurance faster and more transparent.