The South Korean insurance industry is expected to face greater challenges in 2026, amid slowing growth and mounting pressures on profitability and financial soundness, according to an outlook published by the Korea Insurance Newspaper in collaboration with the Insurance Research Institute. The report says the overall industry is likely to soften, with initial premiums expected to decline slightly on a year-on-year basis.
The Egyptian Financial Regulatory Authority (FRA) has issued a resolution, amending some provisions of a 2024 regulation, regarding the controls for granting and maintaining licences for companies operating in non-banking financial activities, including insurance.
The takaful sector experienced steady growth during 2025, with global takaful assets expanding at an estimated rate of 15-17% annually, according to Mr Zubair Mughal, an expert in Islamic banking and finance.
Woliz, a Moroccan-based Retail-Tech platform that connects nano stores to the digital economy, has announced the closing of a $2.2m pre-seed round with Sanlam Maroc, a subsidiary of Africa's leading insurer Sanlam.
China will initiate more reforms to protect the rights of flexible workers and those involved in new forms of employment to promote high-quality and fuller employment and maintain social stability.
The Vietnamese insurance industry is expected to show a cautious but more sustainable recovery in 2026, according to analysts at Vietcap Securities.
The Financial Supervisory Commission (FSC) has proposed amendments to regulations to better reflect the long-term operational realities of the life insurance industry. The goal is to reduce the volatility and high costs associated with foreign exchange (FX) hedging. The FSC is seeking feedback on the suggested changes.
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).