Indonesia Re has assessed that the rising claims trend in Indonesia, particularly due to climate change, will impact future reinsurance treaty structures, including pricing, retention and capacity, according to Indonesia Re's Director of Technical Operations Delil Khairat.
The Law amending the Insurance Business Law takes effect today, focusing on administrative procedure reform and expanding the scope of business for insurers.
Algeria's proposed new insurance law, currently being finalised, is expected to inject new momentum into the sector, according to the Delegate General of the Union of Insurance and Reinsurance Companies (UAR), Mr Abdelhakim Berrah.
The UAE insurance sector is seeing a period of strength and growth, supported by increased premium volumes, improved profitability, higher investment returns, and a healthy competitive environment. Industry trends include regional expansion and digital transformation.
The combined gross written premiums of Syrian insurance companies amounted to about SYP570bn ($51.5m) in 2024, representing growth of 96% compared to 2023, mainly due to the inflation of insured values, according to a recent report published by the Syrian Insurance Supervisory Commission (SISC).
The Office of Insurance Commission (OIC) has suggested a number of new mechanisms to drive the Thai insurance industry in 2026.
Vietnam's insurance industry is expected to see its total assets rise to about VND1.1qn ($43.3bn) by the end of 2025, according to statistics from the Vietnam Insurance Association.
2025 has to date represented a challenging yet transformative period for Oman's insurance sector, says BADRI Management Consultancy, an international actuarial and risk consulting company.
Gulf Insurance Group (GIG) has announced that Mr Khaled Saoud Al Hasan is going to step down from his role as Group CEO with effect from 31 December 2025.
The Bondi beach mass shooting in Australia on 14 December 2025 has been classified as a declared terrorism incident by the federal government.