Al Etihad Cooperative Insurance has announced the Board of Directors' decision to accept the resignation of the company's CEO, Mr Hussam AbdulAziz Al-Kannas. The resignation was attributed to personal reasons.
The tensions in the Middle East region have escalated significantly in recent weeks and it is too early to assess the potential impact of the conflict on the business of Qatar Insurance Co (QIC), says S&P Global Ratings (S&P).
Non-bank financial services provider Contact Financial Holding (CFH) has posted a 12% increase in consolidated total operating income of EGP2.8bn ($51m) in 2025, compared to 2024.
Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (Medgulf) has reported net income after zakat amount of SAR41.06m in 2025, compared to SAR101.99m for 2024, plummeting by 59.7%, according to financial results released by the company on the Saudi Exchange (Tadawul).
The combined net profit of domestic insurance companies fell 14.5% to KRW12.2tn ($8.3bn) in 2025.
The impact of the Middle East war on Algeria's insurance industry is "Indirect but nonetheless significant", according to the CEO of Société Nationale d'Assurance (SAA, or National Insurance Co) Youcef Benmicia.
The ongoing military confrontation in the Middle East reinforces the position that war risk is a dynamic exposure, not a static extension, said Mr Hani Al-Kurdi, Vice President, Marine, at Apex Insurance & Reinsurance Brokers.
The Algerian insurance market grew by 8.8% in 2025 to reach a record gross premiums of DZD200.5bn ($1.5bn), including international acceptances, compared to DZD184.3bn in the preceding year, whereas paid claims increased by 7.9% year on year.
Generali has appointed Mr Krishnamoorthy Rao as Managing Director and CEO of its P&C business in India, effective 1 April 2026 and subject to regulatory approval.
The Southeast Asia Disaster Risk Insurance Facility (SEADRIF) Insurance Company and the ASEAN Coordinating Centre for Humanitarian Assistance on disaster management (AHA Centre) have signed a Memorandum of Intent (MoI) for a strategic collaboration to strengthen disaster impact reporting and support the development of scalable risk financing solutions.