Real life premiums in South Africa are estimated to grow by 2.6% in 2025 and forecast to slow to 1.7% in 2026 as falling long-dated government bond yields reduce the attractiveness of guaranteed annuities, according to a Swiss Re Institute (SRI) report.
Gulf Insurance Group-Jordan (GIG Jordan) has reported a notable increase in net profit and insurance revenue in the first three quarters of the year (3Q2025), the company said in a media release.
Life insurance has evolved to become an indispensable economic and social driver and is no longer a mere financial product, amid the rapid demographic and digital transformations taking place in the Arab region, said speakers at the "Life Insurance Pricing" webinar organised by the General Arab Insurance Federation (GAIF) last week.
Profitability in the Saudi insurance market has been volatile over time, with competitive pressures driving frequent changes in the pricing cycle, said Moody's Ratings.
Unlisted life insurers in China reported solid results for the first three quarters of 2025, with both premium income and net profit rising on the back of improving investment returns and lower liability costs.
The 2025 Hong Kong FinTech Week was held recently at the Hong Kong Convention and Exhibition Centre, marking the event's 10th anniversary and its largest edition to date.
The National Financial Regulatory Administration (NFRA) has issued guidance for the actuarial association to compile the China Life Insurance Mortality Table (2025) - the fourth edition of the national mortality table - which will take effect on 1 January 2026.
The Insurance Association of China has released the latest reference rate for life insurance product pricing, setting the benchmark valuation rate at 1.90% for the current quarter - down 9 basis points from the previous 1.99%.
South Africa's economy and large life insurance sector have an outlook of steady growth and improving resilience, supported by reforms that remove some of the constraints on key sectors such as transportation and pensions, according to a Swiss Re Institute (SRI) report.
Gross written premiums for the insurance market in Iraq reached IQD142.7bn ($108.9m) in the second quarter of 2025 (April-June), against IQD100.3m in the corresponding period of the past year, registering an increase of 42%, according to a statement issued last week by the Iraqi Insurance Bureau (the Diwan), the insurance regulatory authority in Iraq.