The National Insurance Commission (NAICOM) has confirmed that seven more insurance companies are fully compliant with the Minimum Capital Requirements (MCR) stipulated under the Insurance Industry Reform Act (NIIRA) 2025.
Qatar Insurance's (QIC) insurance service result for the first half of the year reflected the escalation of the conflict involving the US and Iran, one of the most significant events for the insurance market in the period.
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi line insurance providers for both corporates and individuals, delivered a solid net profit before tax of AED225.1m ($61.3m) for the first half of 2026. The figure is 13.8% lower compared to AED261.2m in 1H2025.
The top 15 unlisted life insurers in mainland China captured more than 80% of the total profits of 58 such insurers in the first half of this year, highlighting the intense concentration in the sector.
The operating performance of China United Property Insurance Company (CUPI) remains adequate, delivering an annual return on equity at mid-single digit over the past five years, notes AM Best.
China is directing a greater share of newly added national medical insurance funds towards primary healthcare institutions as part of efforts to reduce patients' out-of-pocket costs and strengthen community-level healthcare.
Hanwha Life Insurance is rolling out Microsoft's generative AI solution M365 Copilot across its workforce as it seeks to accelerate AI-driven operational transformation.
India is considering a series of health insurance reforms aimed at curbing rising healthcare costs, improving pricing transparency and streamlining claims, according to sources familiar with the discussions.
HSBC has initiated a reorganisation of its insurance business, HSBC Insurance (Asia), in the wake of CEO Mr Edward Moncreiffe's departure.
Manulife has appointed Mr Jeremy Young as Chief Distribution Officer, International Brokerage, Global High-Net-Worth.