AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of "bbb" (Good) of Asian Reinsurance Corporation (Asian Re) (Thailand). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has assigned the Thailand National Scale Rating (NSR) of aa+.TH (Superior) to Asian Re. The outlook assigned to the NSR is stable.
The African Reinsurance Corporation (Africa Re) has reported a profit of $16.0m in 1Q2026, compared to $25.6m in 1Q2025.
The Insurance Association of Turkiye (TSB) anticipates that, with adjustments for inflation, the Turkish insurance industry will likely report a premium volume of around TRY1.75tn ($38.12bn) this year, according to its President, Mr Ahmet Yasar.
Sanlam, a leading pan-African financial services group focused on emerging markets, delivered a strong performance in the first quarter of 2026, supported by resilient client activity, strong growth in new business and very strong net inflows from clients.
The Tunisian insurance market generated satisfactory growth in premium income in the first quarter of the year, buoyed by a notable increase in life insurance premiums and positive growth across all lines.
The operating performance of Bahrain-based Life Insurance Corporation (International) [LICI] is adequate, albeit subject to some volatility, primarily due to movements in interest rates, says AM Best.
The takaful subsidiaries of Malaysia's reinsurance and retakaful group, MNRB -- Takaful Ikhlas General and Takaful Ikhlas Family, collectively known as Takaful IKHLAS -- recorded a combined profit after tax to MYR108.8m ($27.4m) in the financial year ended 31 March 2026 (FY2026).
The Deutsche Ruck Group, which marks its 75th annniversary this year, achieved the highest premium growth in life reinsurance in 2025, according to a statement released by the global reinsurance company.
New Zealand has introduced a new prudential levy on banks, non-bank deposit takers, insurers, and other financial market participants in the country. The new levy will help cover the costs of services provided by the Reserve Bank of New Zealand.
MNRB Holdings' proposed acquisition of the remaining 80% equity interest in Labuan Re marks a significant strategic step in strengthening the Group's international reinsurance platform, the holding company said in a statement.