Ethiopia's insurance sector is grappling with dual challenges on the regulatory and industry fronts, the President of the East African Insurance Organisation and chief executive of Nyala Insurance, Yared Molla, has said.
Union Insurance Company, has announced a 49% increase in net profit after tax, reaching AED33.9m for the first nine months of 2025 (9M2025), up from AED22.7m during the corresponding period in 2024.
China's booming pet economy is driving rapid growth in pet healthcare, now a rising focus for insurers and consumers alike. According to the 2025 China Pet Industry White Paper, the country is home to more than 120m urban cats and dogs, with the market exceeding CNY300bn($42.3bn). Faced with medical bills that can easily run into the thousands, more pet owners are turning to insurance for financial protection.
Morgan Stanley said in a recent research report that insurers under its coverage reported strong third-quarter results, with robust net profits and life insurance sales.
The National Financial Regulatory Administration (NFRA) has issued new guidelines on strengthening supervision of non-motor insurance business, marking a concrete step in implementing the "unified reporting and sales" policy.
The Philippine insurance industry recorded a 13.25% increase in total premiums as of the third quarter of 2025, according to data from the Insurance Commission (IC).
South Africa's biggest short-term insurer Santam has said that it had continued to deliver a strong performance since the end of June 2025, with the results for the first nine months of this year (9M2025) exceeding the longer-term targets for all key financial performance indicators.
Lockton Re has appointed Mr Mozum Khan as Global Head of Property Innovation and Solutions. He will be based in Dubai.
Orient Insurance, the UAE's leading insurance provider and a subsidiary of Al-Futtaim, has announced another quarter of exceptional performance. The company delivered strong results across all financial indicators for 9M2025, reflecting continued operational excellence and disciplined growth in a competitive market landscape.