Proposed accounting rules in Taiwan will ease the impact of foreign-exchange (FX) volatility on life insurers' reported earnings but could increase structural FX exposure, particularly for life insurers with weak long-term currency match management, according to a commentary released by Fitch Ratings. The credit ratings organisation said it considers the approach a deviation from international practice, which may reduce comparability for global investors.
The credit and political risk insurance (CPRI) market recorded another strong year in 2025, with growth and performance standing out despite global economic and geopolitical headwinds, according to the latest analysis by reinsurance broker Howden Re, released yesterday.
Shareholders of General Cooperative Insurance (GGI) have approved a recommendation by the board of directors for the insurer to continue its operations after its accumulated losses exceeded half of its SAR300m ($80m) paid-up capital.
Participation insurers (takaful operators) in Turkiye generated TRY70.1bn ($1.6bn) in contributions in 2025 in nominal terms, representing a 62.9% increase compared to the previous year, according to data from the Insurance Association of Turkiye (TSB).
Profitability improved significantly in 2025 for eight listed insurance companies whose preliminary annual financial results were analysed by BADRI Management Consultancy, a Dubai-headquartered international actuarial and risk consultancy firm.
State-controlled China Taiping Insurance Holdings Company (CTIH) has issued a positive profit alert, stating that it expects profit attributable to owners of the company for the year ended 31 December 2025 to increase by a range of between 215% and 225% compared with 2024.
Continental Reinsurance's (Nigeria) [CRe Nigeria] underwriting performance in 2025 and beyond is expected to trend in line with recent years, supported by stricter underwriting guidelines and more controlled business growth, according to AM Best.
Global reinsurers' profitability will decline but remain strong in 2026, as 1 January contract renewals confirmed further reductions in risk-adjusted prices across most lines, Fitch Ratings says. This aligns with its 'deteriorating' sector outlook for global reinsurance, reflecting moderately weaker, but still sound, operating and business conditions in 2026.
The implications for the life insurance sector could be profound when a proposal by the Financial Supervisory Commission (FSC) to amend foreign exchange accounting rules is finalised.
Parents in China, including Hong Kong, recognise the challenges of the AI era but are underprepared for their children's future development, according to a new survey by Prudential Hong Kong.