HDI Global's Dubai office surpassed expectations in several segments and hired key talents to support its unabated growth ambitions in the MENA region, according to the corporate and specialty insurer in a statement on its interim financial results.
Fitch Ratings has said that the proposed merger of three Indonesian reinsurers could dilute the capital profile of the domestic reinsurance market in the absence of fresh capital inflows.
The Australian Securities & Investments Commission (ASIC) has requested life insurers to step up their product, sales, and complaints handling practices as they look to expand direct sales to customers.
Corporate & Specialty insurer HDI Global SE has reported positive growth figures for the first half of 2025, with increase in both revenue and net income.
Swiss Re has appointed Robin Spencer as Chief Operating Officer (COO) for its Life & Health Reinsurance (L&H Re) business unit, effective 1 September 2025.
Lockton India has appointed Girish Mantri as its chief financial officer.
Bridge Specialty International (BSI) has appointed Abhishek Chhajer as CEO at Acorn International Network and director at Capstone Insurance Brokers, both Bridge Specialty International companies based in Singapore and Hong Kong, respectively.
Canopius Group has appointed Jinnan Tang as casualty treaty underwriter.
While total net profit across 76 listed GCC insurers held steady at $1.2bn in 1H2025, the overall performance was weighed down by Saudi insurers, who saw profits decline by 40.3%, with only six out of 25 recording higher earnings, according to a report by research and consulting firm Insurance Monitor and Lux Actuaries and Consultants.
The Philippine insurance sector saw double-digit growth in premium collections in the first half of 2025, according to the Insurance Commission (IC).