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Financial Performance tag returned 3482 results

  • Kuwait: GIG sustains strong earnings and balance sheet

    Gulf Insurance Group (GIG) has a record of strong operating performance and in 2024 reported post-tax profits of KWD31.8m ($103.5m), equating to a return on equity of 8.4%, as calculated by AM Best.

    Middle East | 13 Oct 2025
  • South Korea: Public insurance for underprivileged children and youth

    In an effort to help reduce country's medical burden and improve access to healthcare the Korean Federation of Community Credit Cooperatives (KFCCC) and its affiliated foundation will fully cover insurance premiums for 477 underprivileged children and adolescents across the country.

    Asia | 13 Oct 2025
  • India: Life insurers' premium collection in September 2025 increased by 7.64%

    New business premium collections by Indian life insurers grew by 14.81% in September 2025 as compared to the same month in 2024. The increase was largely due to robust demand for enhanced insurance protection from both individual and corporate consumers.

    Asia | 13 Oct 2025
  • Saudi Arabia: Insurance market poised for strong long-term growth

    The insurance sector in Saudi Arabia continues to expand rapidly, with consolidation among smaller players potentially enhancing the sector's resilience, according to a new report by S&P Global Ratings (S&P).

    Middle East | 12 Oct 2025
  • Philippines: Government urges parliament to approve doubling the crop insurance subsidy

    Philippines Congress is likely to consider a request from the government to double the crop insurance subsidy it pays to the country's farmers to PHP8bn in 2026 so that it covers up to 4.2m farmers. According to a news report on the news portal https://bilyonaryo.com most of these farmers are rice growers.

    Asia | 10 Oct 2025
  • Vietnam: Seeks feedback on draft insurance law amendments

    Vietnam's insurance law Insurance Business Law 2022 has contributed a lot to promote the insurance market development in the country; however, the industry's growth is now showing signs of slowing, hence it is necessary to have a relook on the existing law.

    Asia | 10 Oct 2025
  • Singapore: New programme launched to strengthen SMEs' cyber security

    Singtel, in partnership with Enterprise Singapore (EnterpriseSG) and the Infocomm Media Development Authority (IMDA) has launched the Singtel Cyber Protect Programme, a strategic public-private collaboration to bolster the cyber resilience of Singapore's small and medium-sized enterprises (SMEs).

    Asia | 10 Oct 2025
  • India: Insurance group unveils a new brand identity

    Bajaj Finserv, one of India's largest and most diversified financial services groups, has announced the rebranding of its insurance businesses as Bajaj General Insurance and Bajaj Life Insurance, with immediate effect, marking a significant milestone in the journey of these insurance businesses.

    Asia | 10 Oct 2025
  • Australia: Reinsurance pool wrote GWP of YS$720m in FY24-25

    The Australian Reinsurance Pool Corporation (ARPC) has published its annual report for FY2024-25.

    Asia | 09 Oct 2025
  • Cambodia: Insurance premiums up 9.24%

    Total gross premiums in Cambodia's insurance sector hit $35.2m in August this year, up 9.24% from August 2024 (2024: $32.2m), according to news platform The Khmer Times. The news platform reported on data from the Insurance Regulator of Cambodia (IRC).

    Asia | 09 Oct 2025


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