China has solidified its position as Asia's primary growth engine for insurance, while maintaining its global ranking as the second-largest insurance market, according to the Allianz Global Insurance Report 2025 released by Allianz China Insurance Holding on July 3.
Between 2000 and 2024 the world saw 965 insurers shutting shop majorly due to insolvencies according to a new research study released in July 2025.
Asia-Pacific life profitability outlook remains stable, though foreign exchange hedging costs may weigh on margins in Japan, says Swiss Re Institute (SRI) in a report on world insurance developments.
Total premiums in the insurance market reached JOD384m ($542m) in the first five months of the year, an increase of around 10% over the corresponding period in 2024, according to statistics released by the Central Bank of Jordan (CBJ).
The Saudi insurance industry has reported growth in total premium income for the first quarter of the year, while the net income saw a notable setback, according to the Insurance Authority's latest quarterly report.
The Algerian insurance market has posted total premium volume of DZD56.9bn ($439m) in 1Q2025, 13.3% higher than in the corresponding quarter in 2024, including international acceptances and retakaful, the National Insurance Council (CNA) indicated in its latest economic report.
Insurers, superannuation funds and banks in Australia will now need to meet higher standards of operational risk management as new requirements for operational risk management laid down by the Australian Prudential Regulation Authority (APRA) have come into force.
As professional investors in Hong Kong seek flexible investment options, with downside protection features to support legacy planning, the insurers are providing policyholders an opportunity to address their goals whilst also capitalising on potential upside growth from tracking the performance of leading global indices.
China's life insurance market showed further signs of recovery in May, with premium growth accelerating on a year-on-year basis, according to operational data released by the National Financial Regulatory Administration (NFRA). The non-life segment remained stable, while analysts expect that a potential decline in the benchmark pricing rate in the third quarter may help ease interest margin pressure across the industry.
Recently, Investment & Pensions Europe (IPE) released its 2025 list of the world's 500 top asset managers. Chinese institutions made notable gains in this year's ranking, with 57 firms making the list and 13 insurance asset managers among them.