The Insurers Federation of Egypt (IFE) has stressed the need for insurance companies to cooperate with the Ministry of Culture and the Supreme Council of Antiquities to develop unified technical mechanisms to assess the risks associated with antiquities and cultural artifacts.
Allianz Asia Pacific has announced the expanded role of Mohit Bahoria as regional chief strategy, distribution, and customer officer.
The Insurance Authority (IA) of Hong Kong has launched a Whitepaper on Federated Learning and unlocking Innovation in the insurance sector. IA plans to propagate balanced regulation and development and foster resilience and sustainability.
Composite insurance rates in the third quarter of this year decreased by 5% in the India, Middle East, and Africa (IMEA) region, at the same pace as in 2Q2025, according to Marsh's "Global Insurance Market Index" for 3Q2025. Rates in IMEA for large and complex organisations are often impacted by the reinsurance market.
The Australian insurance industry and country's financial regulators have initiated discussions to identify ways to drive regulatory efficiency and productivity across the general insurance sector in line with the federal government's productivity agenda.
Qatar Insurance (QIC), the leading insurer in Qatar and the MENA region, has posted a 23% increase in net profit before Pillar II* tax for the first nine months of 2025 (9M2025).
China's upcoming 15th Five-Year Plan has outlined a comprehensive blueprint to strengthen the country's social welfare and population support systems while reinforcing agricultural incentives to ensure food security and rural revitalisation. Released on 28 October, the proposals underscore Beijing's focus on building a more inclusive, resilient and sustainable social safety net that supports an ageing population and secures farmers' incomes through policy coordination and insurance mechanisms.
China's NEV insurance market has continued its strong growth momentum this year, with commercial NEV insurance premiums surpassing CNY108.79bn ($15.2bn) in the first three quarters of 2025, according to local media reports.
Ping An Insurance (Group) Company of China reported solid growth for the first nine months of 2025, with operating profit attributable to shareholders rising 7.2% year on year to CNY116.26bn($16.28 bn). Third-quarter operating profit grew 15.2% year on year, while net profit surged 45.4% in Q3 to CNY132.86bn, up 11.5% for the nine-month period.
These are the highlights for events and updates across the insurance industry this week.