The 2026 profitability outlook of the insurance industry is subject to greater uncertainty than the 2025 results alone suggest, says the Insurance Authority in its "Saudi Insurance Market Report 2025" report.
Ascend Asia Financial Services Group (Ascend Asia) has opened Ascend Asia Wealth Centre, Singapore's first dedicated wealth advisory centre built around an open-architecture model.
Sun Life Asia has reported a 153% rise in net income to C$202m ($144m) in the second quarter of 2026.
The Thai insurance regulator will associate with Life Insurance Association and Association of Life Insurance Agents and Financial Advisors to promote the knowledge and understanding of life insurance to the public, according to a media release by The Thai Life Assurance Association.
Complaints about general insurance products and services in Australia remained persistently high during 2025-26, according to preliminary data released by the Australian Financial Complaints Authority (AFCA).
The Saudi insurance sector continued to expand in 2025, with gross written premiums increasing by 11% to SAR84.3bn ($22.5bn) compared to 2024, according to the Insurance Authority in its latest flagship yearly report, "Saudi Insurance Market Report 2025".
State-controlled Société Nationale d'Assurance (SAA), Algeria's biggest insurer, has increased its share capital to DZD40bn ($301m) from DZD35bn, representing an increase of 25%.
Tax authorities in several parts of China have started to apply personal income tax rates of 20% on returns from Hong Kong insurance policies, including dividend payouts and interest earned on prepaid premiums, according to a report by Reuters.
Industry analysts warn that market corrections in China in July 2026 may have already wiped out much of the short-term investment gains made by unlisted life insurers in the first half of the year, highlighting the sector's increasing vulnerability to capital market fluctuations amid a prolonged low-interest-rate environment.
China's 10 major bank-affiliated life insurance companies posted a massive surge in earnings during the first half of 2026, driven by favourable market conditions and accounting changes.