The Turkish insurance sector generated total premiums of TRY744bn ($15.8bn) in the first six months of this year, a 29% increase compared to the corresponding half of last year, according to data compiled by the Insurance Association of Turkiye (TSB).
Al Ahleia Insurance Company (Al Ahleia) has a track record of strong operating performance, reporting improved pre-tax profits over the past five years, reaching KWD29m ($95m) in 2025, equivalent to a return-on-equity ratio of 16%, reported AM Best.
Sun Life Hong Kong has reinforced its commitment to financial empowerment and community wellbeing through Brighter Financial Futures, Sun Life's regional financial literacy programme developed in partnership with global non-governmental organisation Aflatoun International and delivered locally through Hong Kong-based charity Uplifters.
Mr Toshiaki Sumino has assumed the position of Chairperson of the Life Insurance Association of Japan (LIAJ), effective 17 July 2026.
Upon assuming the role of Chairperson of the Life Insurance Association of Japan (LIAJ) on 17 July 2026, Mr Toshiaki Sumino released his policy statement for the coming year.
Abu Dhabi-headquartered Al Ain Ahlia Insurance Co (AAAIC) has reported slower topline growth and weaker underwriting results than similarly rated peers over the past few years, noted S&P Global Ratings (S&P).
The Financial Regulatory Authority (FRA) has issued a decision establishing stricter risk management and underwriting standards for the individual personal insurance branch.
China's life insurance industry is entering a new phase of development shaped by three interconnected structural constraints-interest rates, supply and demand, and capital, according to AVIVA-COFCO Life Insurance's General Manager, Mr Cui Wei.
Taiping Life Insurance is strategically reshaping its product mix by significantly scaling back its offering of increasing whole life insurance products in favour of expanding its annuity portfolio. According to Mr Yu Xiaodong, CEO of Taiping Reinsurance and Chairman of Taiping Reinsurance (China), this shift aligns with recent regulatory guidance and directly addresses China's rapidly aging demographic.
Many insurers have heavily marketed increasing whole life insurance products, which are essentially savings-oriented policies, according to Mr Yu Xiaodong, CEO of Taiping Reinsurance and Chairman of Taiping Reinsurance (China). However, because these plans allow policyholders to surrender their policies early, they create highly volatile and unpredictable cash flows for insurance companies.