Listed insurance companies in Oman have reported combined net profit growth of 43% to OMR35m ($91m) for 2020 compared to OMR24.6m in 2019, according to data compiled by investment firm Ubhar Capital (U Capital).
Africa Re's premium income is expected to increase by about 5% annually over 2021-2022, mostly reflecting the economic recovery in most areas it operates, says S&P Global Ratings.
The five major A-share listed insurance companies in China have posted an aggregate premium income of CNY2.49tn ($385bn) in 2020, an increase of 3.65% compared to 2019.
The total premium income of the life insurance industry from January to December last year reached NT$3,025bn ($108bn), a decrease of 7.9% from the previous year, according to statistics from the Life Insurance Association (LIA-ROC).
QBE, Australia's biggest insurer in terms of premiums, has stated that its 2020 financial results will now include an additional $185m risk margin strengthening with respect to potential Australian business interruption claims.
Total premiums in Egypt increased to EGP40.1bn ($2.55bn) in the 2020 fiscal year compared to EGP35.2bn in the previous year, an increase of 14%.
Driven by continued capital market recovery and new equity issuance, global reinsurer capital had returned to its pre-pandemic high of $625bn at the end of September.
Medical insurers in Kenya posted KES891m ($8m) in underwriting profit in the six months ended June last year, their highest-ever underwriting gains, according to data from the Insurance Regulatory Authority (IRA).
A record number of small business owners in the UK are planning to close their firms over the coming twelve months, putting the UK on course to lose more than a quarter of a million businesses, according to the latest Small Business Index (SBI) of UK.
Ghana Re has a track record of positive operating results, which are considered adequate when the high level of inflation in the company's key markets is taken into account, says AM Best.