Daiichi Life has launched SMARTCare Medical, its first medical reimbursement rider, designed to meet the diverse healthcare needs of Cambodian families.
Abu Dhabi National Insurance Company (ADNIC) has announced the appointment of Mr Jugal Madaan as Acting CEO.
The first three months of this year represent an encouraging but narrowly concentrated step forward for the Saudi insurance industry, with a few standout exceptions, according to international actuarial and risk solutions company BADRI Management Consultancy.
Four companies have applied for the final licence for standalone medical insurance companies, the Chairman of the Financial Regulatory Authority (FRA), Dr Islam Azzam, has revealed.
India continues to have relatively low insurance penetration, but awareness of life insurance is rising among younger consumers. According to Go Digit Life Insurance's "Transparency Report 4.0", young Indians are increasingly purchasing life insurance at an earlier age compared to previous generations.
3IF Ventures (the Fund), the first impact venture capital fund dedicated to Africa's insurance start-up ecosystem, has announced the First Close of the Inclusive Insurance Investment Fund (3IF Ventures) at $12m.
Sumitomo Life expects insurance premium income to rise 3.7% to US$24.6 billion (JPY3.9 trillion) in fiscal year 2026 (FY 2026), whilst group core profit is projected to increase 2.9% to $2.6 billion (JPY420 billion).
The Indian insurance market achieved strong growth of +9.4% in 2025, with total premium income reaching $146bn as compared to $133bn in 2024 ), according to Allianz Global Insurance Report 2025.
National General Insurance Company (NGI) has a track record of strong operating performance and generated a profit after tax of AED119.2m [$32.5m] in 2025 (2024: AED127.5 m), translating to a return on equity of 17.8% in 2025 (2024: 20.9%), as calculated by AM Best.
A stark divergence between life and property insurance companies in the accident insurance branch has emerged, driven by tightening regulatory oversight, shifting sales strategies and the rise of digital ecosystems.