The Turkish insurance sector had a weak start to 2026 and the US-Israel-Iran military conflict has aggravated the situation, forcing the insurance industry to recalibrate its expectations for the year.
The Algerian insurance market's potential is around $7-8bn, far more than the "psychological threshold" of DZD200bn ($1.5bn) crossed in 2025, according to Mr Hassan Khelifati, Vice President of the Algerian Union of Insurance and Reinsurance Companies (UAR).
China's five major A-share listed insurance companies achieved a total net profit attributable to the parent company of CNY425.3bn ($62.2bn) in 2025, a year-on-year increase of 22.4%, according to data compiled from their audited annual financial statements.
Most property treaty programmes maintained a positive trend in the 1 April renewal period, building on the momentum from 2023 and 2024, according to Gallagher Re in its report titled "First View: Rethinking the Art of the Possible".
India treaty renewals at 1 April took place in a well-capitalised and increasingly competitive environment, with reinsurer appetite remaining strong across most lines, according to a report published by Gallagher Re.
Only licensed and duly registered insurance companies may offer extended warranty in Saudi Arabia, the Insurance Authority has said in a statement.
The insurance industry in Indonesia had a varied performance in February 2026. The life insurance sector recorded limited growth in premium income, while the general insurance and reinsurance industry showed a more significant increase.
State-owned Iran Insurance Company, Iran's largest insurer, has paid a record IRR150tn ($114m) in compensation to individuals affected by the Iran-Israel-US war since the hostilities broke out on 28 February.
The Australian insurance industry is pulling out all the stops to ensure that the industry is ready to respond swiftly for customers as the impact of Middle East conflict continues to evolve across all lines of insurance business.
The South Korean insurance industry will fund the review committee that will consider the appropriateness of allowing vehicle accident victims with minor injuries to claim the costs of medical treatment that lasts for eight weeks or longer.