Zheshang Property and Casualty Insurance Company (Zheshang Insurance) is expected to sustain its focus on profitability, reinforced by regulatory tightening on commissions, to support underwriting performance over time, according to Fitch Ratings.
Research organisation AM Best has reported that Hong Kong's non-life insurance industry has maintained profitable underwriting over the past five years. In a commentary on 18 December, AM Best said the strong underwriting performance was supported by the general liability and property damage lines of business.
Gross written premiums in Jordan's insurance market reached JOD732m ($1bn) in the first 10 months of the year (10M2025) compared to JOD664.5m in the corresponding period of 2024, representing a 10.2% increase.
Korean Reinsurance Company's (KRE) dominant market position will remain unchallenged over the medium term, despite its ongoing portfolio restructuring in the domestic market, according to AM Best.
AM Best has maintained its stable outlook on Malaysia's non-life insurance sector, noting that regulatory initiatives designed to increase insurance penetration and the continuing de-tariffication of motor and fire insurance as the main reasons.
The Syrian Insurance Federation (SIF) and the Syrian Insurance Agents and Brokers Federation (SIABF) have been dissolved.
India's Union Cabinet has approved a Bill which contains a provision to increase the foreign direct investment limit in insurance companies to 100% from the present cap of 74%. The Bill, cleared on 12 December by the Cabinet, covers several other amendments.
New Zealand general insurer Tower has been ordered to pay a penalty amounting to NZ$7m ($4m) for misleading representations that resulted in more than NZ$11m in overcharges to its customers.
Arabia Insurance Company (AIC) has a track record of profitable, albeit volatile, operating performance, with positive results reported in four of the past five years (2020-2024). However, results in 2023 and 2024 have been lacklustre, with the company reporting return-on-equity (ROE) ratios of 1.4% and 3.9%, respectively, AM Best noted.
The growth rates of health insurance business in China have diverged significantly between life insurers and property & casualty (P&C) insurers.