The total premiums of the Philippine insurance industry breached the PHP500bn ($8.6bn) mark in 2025, driven by consumers' increasing focus on long-term protection despite economic uncertainties.
Insurance Australia Group (IAG) yesterday announced its first-half results for the financial year ending 30 June 2026 (FY26). Australia's top general insurer also posted a net profit after tax of A$505m ($354m) for the six months to December 2025, down from the A$778m recorded in the prior corresponding period.
A heated race is currently taking place in the insurance industry to launch insurance apps on AI platforms.
Globally, the direct economic cost of Nat CAT in 2025 was estimated at $296bn, below the decadal average of $394bn (2015 to 2024) and most recent five-year average of $409bn. In APAC, the estimated economic losses were $87bn (Asia: $83bn, Oceania: $4bn), according to Guy Carpenter's "Natural Catastrophe and Climate Report", released in January 2026.
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, has announced a net profit before tax of AED533.1m ($145.1m), representing a 14.3% increase compared to 2024.
The Ivorian insurance market continued on its growth trajectory, with its total revenue rising by 9.9% to FCFA688.8bn ($1.24bn) in 2025, compared to 2024. The Ivorian insurance market remains the leading market in the CIMA zone.
Composite insurance rates in the fourth quarter of 2025 decreased 10% in the IMEA region, where rates for large and complex organisations were often impacted by the reinsurance market, according to the "Global Insurance Market Index' report published by the world's biggest insurance broking group Marsh.
Composite insurance rates in the fourth quarter of 2025 decreased by 5% in the Asia region, according to the "Global Insurance Market Index' report published by the world's biggest insurance broking group Marsh.
Gulf Insurance Group (GIG), one of the leading insurance groups in the Middle East and North Africa and the largest in Kuwait, has announced comprehensive rating affirmations across its regional operations, demonstrating the Group's consistent financial strength and strategic execution across diverse markets. All regional subsidiaries achieve investment-grade ratings reflecting strong operational performance.
Santam has announced leadership appointments and promotions across the Group effective February 2026.