Total premiums generated in the insurance market of the Democratic Republic of the Congo (DRC) reached $377.89m in 2024, up by 16.17% compared to 2023, according to the Insurance Regulatory and Control Authority (ARCA).
Gross written premiums in the Algerian insurance market grew to DZD143bn ($1.1bn) in the first nine months of 2025 (9M2025), registering a growth of 7.3% compared to the corresponding period of the past year, according to a recent report issued by the National Insurance Council (CNA).
The Australian insurer IAG has released a lithium-ion battery safety factsheet as forecasts show the average household in the country will have 33 lithium-ion powered devices this year.
Insurance veteran Balasundaram R has been appointed as Senior Advisory Board member and Head of Marine Practice of Policybazaar for Business. Policybazaar for Business is the corporate insurance arm of Policybazaar.com.
HDI Global has appointed Hiro Yamasaki as MD and Legal Representative of its Japanese branch. marking an important milestone in the Corporate & Specialty insurer's growth strategy for the region.
Property-catastrophe reinsurance renewals in the Asia Pacific region were competitive at 1 January 2026, noted Howden, the global (re)insurance intermediary group.
The UAE's insurance market is expected to maintain double-digit growth in 2026, driven by the country's economic growth coupled with a rising expatriate population.
The insurance sector is witnessing a fundamental shift in risk assessment methods, with the gradual transition from reliance on traditional actuarial models to integrating behavioural data into pricing and underwriting practices, to reflect the actual level of risk more accurately and fairly, the Insurers Federation of Egypt (IFE) has stated.
The South Korean insurance industry is expected to face greater challenges in 2026, amid slowing growth and mounting pressures on profitability and financial soundness, according to an outlook published by the Korea Insurance Newspaper in collaboration with the Insurance Research Institute. The report says the overall industry is likely to soften, with initial premiums expected to decline slightly on a year-on-year basis.
China will initiate more reforms to protect the rights of flexible workers and those involved in new forms of employment to promote high-quality and fuller employment and maintain social stability.