State-owned Iran Insurance Company, Iran's largest insurer, has paid a record IRR150tn ($114m) in compensation to individuals affected by the Iran-Israel-US war since the hostilities broke out on 28 February.
The Australian insurance industry is pulling out all the stops to ensure that the industry is ready to respond swiftly for customers as the impact of Middle East conflict continues to evolve across all lines of insurance business.
The South Korean insurance industry will fund the review committee that will consider the appropriateness of allowing vehicle accident victims with minor injuries to claim the costs of medical treatment that lasts for eight weeks or longer.
The Saudi insurance industry's profits (after zakat & tax) declined significantly by 36% year-on-year to SAR2.0bn ($533m) in 2025 from SAR3.2bn in 2024, according to BADRI Management Consultancy, an international actuarial and risk management consulting firm.
China Reinsurance (Group) Co [China Re Group] has posted consolidated insurance revenue of CNY103.1bn for 2025, 1.7% higher than in 2024. Consolidated total premium income reached CNY180.4bn, a year-on-year increase of 1.1%, according to the company's consolidated financial statements.
The Insurance Association of China (IAC) has published the "Self-Regulatory Code of Conduct for the Management of Insurance Product Suitability".
Ping An Insurance (Group) Company of China {Ping An Group] has reported that its operating profit after tax attributable to shareholders of the parent company was CNY134.4bn ($19.5bn) in 2025, up by 10.3% year on year.
The global reinsurance market is continuing to soften, with noticeable rate reductions seen in key 1 April renewal regions across Asia and India, according to a recent report by Guy Carpenter, a Marsh McLennan business and leading global risk and reinsurance specialist.
The Indian Supreme Court has said that rail travel insurance should be available to all railway passengers and they should not be treated differently merely because some book tickets online while others buy them at counters.
The China Reinsurance (Group) Corporation (China Re Group) has carried out a preliminary comprehensive assessment of the impact of the US-Israeli-Iran hostilities on its operations. The Group finds that the current impact of the war on it is generally manageable, but uncertainties remain due to ongoing developments.