Many African life insurance companies are contending with rising maintenance expenses per policy driven by sluggish new business growth, according to Deloitte, a global professional services firm.
Chubb Life and DBS Bank (Taiwan) are expanding their wealth management offerings for high-net-worth clients, focusing on premium financing, insurance protection and family wealth succession, according to a recent report by Economic Daily News.
Taiwanese Prime Minister Cho Jung-tai has refused to countersign an amendment requiring the central government to cover National Health Insurance (NHI) premiums for a specific category of senior citizens.
Dermatologists in New Zealand fear that their patients are opting for less effective treatments for skin cancers, due to insurance policies providing less coverage and charging higher premiums, according to a report by Radio New Zealand (RNZ).
If global health insurers start providing health insurance cover for medical tourism in India, the numbers could shoot up exponentially., according to Ms Sangita Reddy Joint Managing Director of Apollo Hospitals.
The extreme heatwaves seen over the last few years may only serve as a preview of what is to come as a result of climate change, according to a new study led by a research team of Freie Universität Berlin and published in the scientific journal Nature Communications.
The insurance market reported after-tax profit of TRY140.9bn ($2.8bn) for the first nine months of this year, 11.9% higher compared to TRY125.8bn in the corresponding period last year. However, the profitability margin decreased from 14.69% to 12.90%.
The Company For Cooperative Insurance (Tawuniya), among Saudi Arabia's top three insurers, has reported net profit before zakat of SAR1,020.6m for the first nine months of this year, showing a marginal increase of 1.42% over the corresponding period in 2025.
China's five A-share listed insurance giants recorded net profits of CNY276.58bn ($41.47bn) in the first three quarters of this year, representing a year-on-year decrease of 35.08%.
China's life insurance industry faced significant pressure on both the liability and asset sides in the third quarter of this year. Not only did insurance revenue decline by more than 5% year-on-year, but profits also fell sharply by more than 36% year on year with some companies even falling into red ink.