The Turkish property and casualty (P&C) market's return on equity (ROE) will remain robust at above 30% over the next two years, said S&P Global Ratings (S&P). The ratio consistently exceeded 40% over the past three years as investment income, led by high interest rates, and revaluation gains offset marginal underwriting losses.
The United Nations Development Programme (UNDP) and Generali Central, representing the Generali Group's general and life insurance businesses in India, have launched an Insurance Innovation Challenge to identify and scale solutions that strengthen the resilience of India's micro, small and medium-sized enterprises (MSMEs).
FWD Group will acquire a 25% stake in Bolttech Insurance (Hong Kong) for HK$161.62m ($20.72m).
Aon's 2027 Global Medical Trend Rates report, projects that medical costs in Asia Pacific will increase by 9.7% in 2027, compared with 11.3% in 2026.
Fitch Ratings believes higher capital requirements will pressure Indonesia's insurers over the next two years, particularly smaller firms with weaker capital.
Reinsurers in sub-Saharan Africa (SSA) have reported another year of robust underwriting results, maintaining rate adequacy amid moderating market conditions according to a new AM Best report.
Gulf Insurance Group-Jordan (GIG Jordan), the biggest insurer in the Hashemite Kingdom, has a record of underwriting profitability and in 2025, achieved a net-net combined ratio of 91.4% (2024: 88.0%), notes AM Best.
Korean life insurers' aggregate K-ICS ratio was broadly stable quarter on quarter at end-June 2026, with the post-transitional ratio declining 0.7 percentage points to 206.8%. This is according to estimates by CreditSights, which added that the underlying ratio rose 2.5 percentage points to 193.0%. The report noted wide differences among insurers, with post-transition ratios ranging from 138.3% at Hana Life to 396.4% at NongHyup Life.
Statistics show that among the 54 property and casualty insurers that have disclosed comprehensive claims ratios for the first half of 2026, the median ratio was 39.32%, down from approximately 43% in the corresponding period of 2025. Among 73 life insurers, the median stood at 36.19%, also below the roughly 42% recorded a year earlier. Both medians have fallen below 40%, leaving a significant gap from the range of 50% to 80% regarded as reasonable in the industry.
China's domestic property & casualty insurance sector has seen significant tranformation, particularly with the focus turning increasingly to profitability.