Gulf Insurance Group-Jordan (GIG Jordan) has reported a notable increase in net profit and insurance revenue in the first three quarters of the year (3Q2025), the company said in a media release.
Profitability in the Saudi insurance market has been volatile over time, with competitive pressures driving frequent changes in the pricing cycle, said Moody's Ratings.
Mergers and acquisitions (M&A) activity in the Asia-Pacific insurance industry slowed in the third quarter, according to analysis from ratings agency S&P Global.
Gross written premiums for the insurance market in Iraq reached IQD142.7bn ($108.9m) in the second quarter of 2025 (April-June), against IQD100.3m in the corresponding period of the past year, registering an increase of 42%, according to a statement issued last week by the Iraqi Insurance Bureau (the Diwan), the insurance regulatory authority in Iraq.
Swiss Re Institute projects that renewable energy could generate up to $26bn in insurance premiums in underwriting year 2030 amid increasing investment in greener energy.
Multinational insurer AIG's combined ratio has improved as its general insurance underwriting income soared, the company announced in a press release.
International General Insurance Holdings saw a higher combined ratio as its gross written premiums remained flat in the first nine months of the year.
Insurers could see growing interest in financial lines and cyber policies with social-engineering and crime extensions in the Philippines, after Filipino companies reported fraud losses of about ?HP4tn ($71.43bn).
Egypt Kuwait Holding (EKH) has announced the completion of the sale of its entire 63.39% stake in Delta Insurance to Morocco's Wafa Assurance, under the latter's mandatory tender offer.
The Saudi Insurance Authority will be organising a global insurance conference and exhibition in Diriyah from 10-12 November 2025.