The UAE's insurance market is expected to maintain double-digit growth in 2026, driven by the country's economic growth coupled with a rising expatriate population.
The insurance sector is witnessing a fundamental shift in risk assessment methods, with the gradual transition from reliance on traditional actuarial models to integrating behavioural data into pricing and underwriting practices, to reflect the actual level of risk more accurately and fairly, the Insurers Federation of Egypt (IFE) has stated.
Manulife Hong Kong has launched two new participating life insurance savings plans - Genesis Centurion Insurance Plan and Prestige Achiever Insurance Plan - designed to help customers achieve financial goals with enhanced flexibility and growth potential.
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.
Fuzhou-based Sunrise Group has announced its withdrawal from participating in the establishment of Straits Life Insurance Co. Despite being proposed in August 2016, the life insurer has never obtained final regulatory approval.
Philippine President Marcos has signed the country's PHP6.793tn ($121.3bn) national budget for 2026, restoring government subsidy to the state insurer, the Philippine Health Insurance Corporation (PhilHealth). The signing was held on 5 January at Malacañang Palace.
The Life Insurance Corporation of India (LIC) has launched a special campaign to revive lapsed individual life insurance policies from 1 January to 2 March.
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 Indonesian insurance regulator, the Financial Service Authority (OJK), has expressed its support for making travel insurance mandatory for foreign visitors coming to Indonesia.
Taiwan's Centers for Disease Control (CDC) has expanded the scope of its publicly funded HIV treatment scheme to include foreign nationals beginning in 2026. The CDC has not released any details on how the expansion would work.