The life insurance industry recorded strong growth in 2025, with total revenue reaching IDR238.71tn ($14.2bn), representing a 9.3% y-o-y increase, driven largely by solid investment performance despite ongoing economic volatility.
The global outlook is extremely worrying, with the bond and equity markets reacting to recent events, said Mr Paul Hanratty, the Group CEO & Executive Director of Africa's largest insurer, Sanlam, which is headquartered in Capetown.
The South Korean financial services regulator's new consumer protection advisory committee will introduce veto rights for the chief consumer officers (CCOs) on insurers' product review committees.
The Philippine Insurance Commission (IC) has set out guidelines stating that existing regulations, as well as other issuances by the IC, for conventional insurance and mutual benefit associations (MBAs), shall also apply to all entities with takaful window operations.
Total premiums in Jordan's insurance market showed strong growth in 2025 compared to the previous year, with expansion in both non-life insurance and life insurance sectors.
AM Best has downgraded Trust Insurance (Uzbekistan)'s financial strength rating to 'C- '(Weak) from 'C+' (Marginal) and the Long-Term Issuer Credit Rating to 'ccc-' (Weak) from 'b-' (Marginal). The outlook of these credit ratings is 'Stable'.
The Sanlam group's operating earnings rose 14% year on year to ZAR8.1bn ($496m) at end-1H2025, following a strong result in 2024, notes Fitch Ratings. This was driven by general insurance (up 42%), with continued strength in life and health (up 15%) and credit and structuring (up 18%). Investment management saw a smaller increase of 8%.
Al Khaleej Takaful Insurance Company's (AKTI) operating performance as strong with the company reporting robust underwriting performance consistently, with a five-year (2020-2024) weighted average combined ratio (including short-term life results) of 83%, notes AM Best.
Insurance-linked securities (ILS) capacity continues to reach record levels, according to the latest report by AM Best. The ILS market has grown from niche to established with returning sponsors/cedants. Investors' understanding and confidence in the market has grown.
Aviation insurance has emerged as a critical pressure point as a consequence of the Middle East conflict. To minimise risk, Singapore-based aviation insurers and reinsurers would need to carefully manage exposure to hull war, passenger liability and third-party risks, according to Mr Tristan Thompson, Aviation Partner at Kennedys, a global litigation and dispute resolution firm.