2026 is poised to be a year of significant growth for the insurance sector in terms of risk management, digital transformation, and sustainability, according to the Insurance Association of Turkiye (TSB) President Mr Ugur Gulen, outlining his expectations of the industry for the new year.
The heavy rains that fell on 19 December 2025 has led to increases of around 20% in claims, a level regarded as 'acceptable' by the insurance sector, according to industry executives.
The Financial Services Authority (OJK) has announced that 115 out of 144 insurance companies (around 80%) in the country have met the 2026 capital requirements.
Bangladesh's insurance regulator Insurance Development and Regulatory Authority (IDRA) has imposed a ban on agent commissions in the non-life insurance sector. This move implies that there will be no agents serving the non-life branch.
Major South African insurance company, Outsurance, has been approved for a secondary listing on A2X Markets (A2X), allowing it to offer investors an additional stock trading platform.
Lebanon ranked 64th out of the 72 largest insurance markets worldwide in terms of premiums in 2024, 37th among 45 emerging markets, and 10th among 13 Arab markets.
The P&C Insurance Department of the National Financial Regulatory Administration (NFRA) has issued a document providing detailed answers to practical problems encountered during the implementation of the "Filiing-Execution Consistency" requirement for non-auto insurance.
The mainland China's P&C industry's report card for 2025 shows that the sector's growth was steady but trailed GDP expansion. Furthermore, P&C insurance penetration declined slightly.
Ping An Property & Casualty (P&C) has launched China's first insurance product for leased embodied robots.
The 1 January property-CAT reinsurance renewal season in Turkiye exhibited trends similar to those observed in Continental European renewals, with risk-adjusted decreases of 15% on average, and a significant oversubscription of capacity, particularly in top layers, said Gallagher Re.