Last year, major domestic non-life insurers saw their net profits drop by double digits, driven by a KRW400bn ($278m) deficit in auto insurance.
The Competition Commission has recommended that the Competition Tribunal approve the proposed acquisition by Orient Victoria and KP Partners of King Price Financial Services (KPFS) and Porcupine Union, without conditions.
Al Koot Insurance & Reinsurance Co (Al Koot) will maintain its competitive position in Qatar's insurance market while it continues to grow profitably and diversify its portfolio, according to a forecast by S&P Global Ratings (S&P).
Australians are divided over who should pay for insurance premiums that are surging as a result of climate change, according to a new survey report by Charles Stuart University of Australia.
The attacks on Iran by the US and Israel, followed by retaliatory strikes by Iran on several countries allied to the US, including the UAE and Saudi Arabia, will have a profound impact on the insurance market at large. India is also likely to be significantly impacted.
The war that broke out in the Gulf region, following US and Israeli strikes on Iran, has led insurers to cancel war risk covers and raise premiums for vessels sailing in the region and transiting the Strait of Hormuz.
China's pet insurance business has seen leapfrog development. Pet insurance premiums skyrocketed from a modest CNY50m ($7.3m) in 2020 to CNY1.7bn in 2024. This momentum is estimated to have culminated in a record-breaking CNY3bn in 2025, a 76.47% year-on-year increase.
Chubb's consistent operational support for its subsidiary Huatai Property & Casualty Insurance Co (Huatai P&C) is one factor for Fitch Ratings' upgrading of the insurer's Financial Strength (IFS) Rating to 'AA-' from 'A+'. The outlook is 'Stable'.
The average comprehensive solvency adequacy ratio of China's insurance companies was 181.1% and the average core solvency adequacy ratio was 130.4% at the end of December 2025, according to data from the National Financial Regulatory Administration.
Singapore has ranked third globally in the 2026 FM Resilience Index, published by commercial property insurer FM. The index, now in its 13th year, ranks 130 countries and territories by the resilience of their business environments.