The Insurers Federation of Egypt (IFE) has affirmed that adopting AI technologies within the insurance sector is a strategic step toward developing the market, boosting competitiveness, and enhancing operational efficiency across all insurance branches.
The operating performance of Mongolian National Reinsurance (Mongolian Re) is viewed as adequate, says AM Best.
The net-net combined ratio of Dubai National Insurance & Reinsurance (DNI) stood at 99.8% in the third quarter of 2025, lower than the 104.2% recorded for the full year 2024, noted AM Best. UAE market conditions have improved in 2025, primarily for the motor segment.
Insurance claims from the deadly Wang Fuk Court fire in Hong Kong are unlikely to affect the rating of China Taiping Insurance Group (TPG), according to credit ratings agency Fitch Ratings.
The risk-adjusted capitalisation of China Taiping Insurance (HK) Company [CTPI(HK)] was at the strongest level as of year-end 2024, as measured by Best's Capital Adequacy Ratio (BCAR), and is expected to remain robust over the short to intermediate term, according to AM Best.
A material portion of the gross incurred loss in the deadly Hong Kong apartment fire is to be transferred to reinsurers, which may halt downward pressure on Hong Kong property reinsurance rates amid a global reinsurance softening backdrop, AM Best expects.
Claim losses from a devastating fire at a residential estate in Hong Kong will add pressure to the underwriting results of the property/casualty (P/C) insurance sector, said S&P Global Ratings in a report released today.
Dubai Insurance Company (DIN) has a strong record of underwriting profitability, reporting a net insurance service result of AED108m ($29.4m) in 2024 (2023: AED123m) and a combined ratio of 91% (86%) under IFRS 17, notes Fitch Ratings.
China's five major A-share listed insurers -- Ping An Insurance, PICC, China Life, China Pacific Insurance (CPIC), and New China Life -- have reported a combined net profit attributable to shareholders of CNY426.0bn ($60.2bn) for the first three quarters of this year (3Q2025), up by 33.5% year-on-year, already surpassing 2024's the full-year total of CNY347.6bn
China's insurance asset management industry oversaw CNY33.3tn ($4.7tn) in assets at the end of 2024, up by 10.6% year-on-year, according to the "China Insurance Asset Management Industry Development Report (2025)" released by the Insurance Asset Management Association of China.