The scale of the life reinsurance business of Qianhai ReinsuranceCo (QHR) has declined since 2023, due to the downsizing of financial reinsurance business, which in turn was because of changes in regulations and market demand.
The UAE insurance sector is seeing a period of strength and growth, supported by increased premium volumes, improved profitability, higher investment returns, and a healthy competitive environment. Industry trends include regional expansion and digital transformation.
The combined gross written premiums of Syrian insurance companies amounted to about SYP570bn ($51.5m) in 2024, representing growth of 96% compared to 2023, mainly due to the inflation of insured values, according to a recent report published by the Syrian Insurance Supervisory Commission (SISC).
India's life insurance sector has seen rapid growth over the past decade with the number of individuals covered increasing from 150m in FY15 to nearly 400m in FY25.
According to the Life and General Insurance Association of Korea, premiums for the actual expense health insurance scheme, with 40m subscribers, is set to increase by 7.8% in 2026.
Vietnam's insurance industry is expected to see its total assets rise to about VND1.1qn ($43.3bn) by the end of 2025, according to statistics from the Vietnam Insurance Association.
2025 has to date represented a challenging yet transformative period for Oman's insurance sector, says BADRI Management Consultancy, an international actuarial and risk consulting company.
Turkish Insurance Association (TSB) President Ugur Gulen has assessed the insurance sector's performance in 2025 as a success.
A new framework cooperation agreement between Moroccan Supervisory Authority of Insurance and Social Welfare (ACAPS) and Mohammed VI Polytechnic University (UM6P) will give a boost to development of research and financial education in the insurance and social welfare sectors in the country.
Health and motor insurance lines of business are expected to drive growth in the UAE insurance market in 2026, according to Sukoon Insurance, which is among the biggest insurers in the country.