The population of Japan has continued to shrink, with the number of births in Japan falling for the 10th straight year in 2025, according to official data. Preliminary data from the Japanese Ministry of Health shows that in 2025, a total of 705,809 babies were born, down by 2.1% from 2024.
The Commissioner for Insurance and CEO of the National Insurance Commission, Mr Olusegun Omosehin, has emphasised the need for sustained collaboration among stakeholders to drive meaningful change in the insurance industry.
Prime Minister Li Qiang, in delivering the government work report at the opening yesterday of the annual National People's Congress meeting, highlighted several targets for the insurance industry.
The Philippine pre-need industry posted double-digit growth at the end of 2025, with total net worth reaching PHP33.87bn ($577.26M), a figure 21.04% higher than that recorded a year earlier. Data from the Philippine Insurance Commission also showed retained earnings increasing by 39.57%, accounting for 73.48% of total net worth.
The consolidated premium income generated by the Wafa Assurance Group, the leading insurance group in Morocco, reached more than MAD15,226m ($1,637m) in the 2025 financial year, an increase of 10.9% compared to the previous year.
Great Eastern is launching a dedicated client segment proposition for high-net-worth (HNW) individuals, as it seeks a bigger share of Asia's growing wealth and legacy-planning market.
Great Eastern has launched Great Eastern Private, a segment proposition created for high-net-worth (HNW) individuals and families across Asia.
The Insurance Regulatory Commission of Sri Lanka (IRCSL) has unveiled the Centralised Insurance Data Repository. Done in collaboration with the Credit Information Bureau of Sri Lanka (CRIB), the initiative was conceptualised under the leadership and guidance of IRCSL Chairman Dr Ajith De Mel.
S&P Global Ratings (S&P) says that it considers the gravity of the military conflict in the Middle East to have moved from high to severe in its pre-defined scenarios and consequently, the potential for events to weaken credit quality across sectors has increased.
Gulf Insurance Group has announced a net profit of KWD24.7m ($80.3m), for the financial year ended 31 December 2025 (FY2025), 4.6% lower compared to a net profit of KWD25.9m in the previous year.