Aviation insurance has emerged as a critical pressure point as a consequence of the Middle East conflict. To minimise risk, Singapore-based aviation insurers and reinsurers would need to carefully manage exposure to hull war, passenger liability and third-party risks, according to Mr Tristan Thompson, Aviation Partner at Kennedys, a global litigation and dispute resolution firm.
The underwriting results of Zhongyuan Agricultural Insurance Co (ZYIC) are expected to remain satisfactory, supported by the strong margins of its agricultural insurance business and ongoing loss-mitigation and cost-control measures, said Fitch Ratings in a commentary.
The Philippine pre-need industry posted double-digit growth at the end of 2025, with total net worth reaching PHP33.87bn ($577.26M), a figure 21.04% higher than that recorded a year earlier. Data from the Philippine Insurance Commission also showed retained earnings increasing by 39.57%, accounting for 73.48% of total net worth.
The consolidated premium income generated by the Wafa Assurance Group, the leading insurance group in Morocco, reached more than MAD15,226m ($1,637m) in the 2025 financial year, an increase of 10.9% compared to the previous year.
Paris-headquartered global reinsurer SCOR has reported a net income of EUR851m ($990m) for the financial year ended 31 December 2025, according to financial statements released yesterday by the company.
Gulf Insurance Group has announced a net profit of KWD24.7m ($80.3m), for the financial year ended 31 December 2025 (FY2025), 4.6% lower compared to a net profit of KWD25.9m in the previous year.
Morocco's insurance sector continued to expand in 2025, with the growth of the life insurance business outpacing the non-life segment.
Takaful Malaysia, the pioneer and leading takaful provider in Malaysia, has announced a strong financial performance for the year ended 31 December 2025.
Last year, major domestic non-life insurers saw their net profits drop by double digits, driven by a KRW400bn ($278m) deficit in auto insurance.
Oman Reinsurance Company (Oman Re), the Sultanate's first and only reinsurer, has announced strong financial results for the year ended 31 December 2025, reflecting sustained growth, disciplined underwriting and strategic resilience.