The insurance industry in Egypt achieved strong growth in 2025, supported by the implementation of the Unified Insurance Law of 2024 and the expansion of the customer base, reflecting the growing role of the sector in supporting financial stability and providing protection for various economic activities.
Gulf Insurance Group (GIG) has announced a net profit of KWD13m ($42m), for the first quarter of 2026, representing a jump of 97.6% or KWD6.4 m, compared to the corresponding quarter last year.
Kuwait-based KIB Takaful has shown a profitable financial performance, as evidenced by a three-year average net income return on equity of 8%, and mainly driven by good underwriting returns, says Fitch Ratings.
The Ardonagh Group has announced that Mr Jason Anthony has been appointed to lead its MGA proposition in Asia, subject to regulatory approval.
Financial, insurance, electricity, gas, water and waste management services are among the industries facing the weakest competitive pressure in New Zealand, according to the first State of Competition report released by Commerce Commission of New Zealand.
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers, has announced a net profit before tax of AED99.5m ($27.1m) for 1Q2026.
The P&C insurance market as a whole chalked up increased revenue but lower profits in the first quarter of this year, according to an analysis of their 1Q2026 solvency reports.
The 60 unlisted life insurance companies in China that have released their first-quarter solvency reports as of 7 May, reported a combined net profit of CNY18.37bn ($2.71bn), representing a year-on-year increase of 7.7% and total insurance revenue of CNY628.80bn, a year-on-year increase of 13.7%.
Guoren Property and Casualty Insurance Co (Guoren P&C) is expected to improve its combined ratio in 2026 from 101.4% in 2025, according to Fitch Ratings.
The UAE insurance sector delivered a strong performance in 2025, demonstrating broad-based improvement across both conventional and takaful portfolios, according to an update by BADRI Management Consultancy, based on listed insurers' audited financial statements.