Oman Re, the Sultanate's sole reinsurer, has reported a strong financial performance for the first quarter ended 31 March 2026, underpinned by disciplined underwriting, sustained premium growth and prudent investment strategies.
Motor remained the most distressed line in the Saudi insurance market in 2025, with net service results swinging to a loss of SAR797m ($212.5m) in 2025 from a profit of SAR578m in 2024, a deterioration of 238%, according to BADRI Management Consultancy.
Salama Islamic Arab Insurance Company (SALAMA) has completed its capital restructuring programme, marking the conclusion of a multi-year transformation and the re-establishment of the company's financial strength.
The ongoing geopolitical tensions in the Middle East are expected to have a limited effect on the operating performance of Sukoon Insurance, one of the UAE biggest insurers, according to S&P Global Ratings (S&P).
The Reserve Bank of New Zealand (RBNZ) has opened consultation on an exposure draft of a Bill that will amend the Insurance (Prudential Supervision) Act 2010 (IPSA).
Health insurance coverage in India increased sharply to 47.4% in rural areas and 44.3% in urban areas during the last eight years, according to the 80th round of the National Sample Survey (NSS).
Niyam Group has received Lloyd's approval for its Syndicate 2047. The group has also announced the appointment of Mr Devesh Srivastava as its Chairman
The operating performance of UAE-based Abu Dhabi National Insurance Co (ADNIC) is expected to remain resilient, according to S&P Global Ratings (S&P).
The combined profit after tax of the eight listed companies surged by 414% to OMR34m ($88.5m) from 2025 from OMR6.6m in 2024, according to an update by BADRI Management Consultancy.
2025 is hailed as a sterling year for China's life insurance industry, because for the first time, the combined net profits of the industry surpassed the CNY480bn ($70bn) mark.