Kuwait Insurance Company (KIC) has a track record of strong operating performance, demonstrated by a return-on-equity ratio of 7.5% in 2024, with earnings supported by robust underwriting results from non-life and life portfolios over the past five years, says AM Best.
A new round of adjustments to the pricing interest rates for life insurance products is imminent, as insurers prepare to file new product launches and recalibrate distribution strategies in anticipation of a shift in the rate environment.
Ping An Insurance (Group) Company of China Ltd has climbed two places to 27th on Forbes' 2025 Global 2000 list, which ranks the world's largest publicly listed companies based on a composite of revenue, profit, assets, and market value. The Group also moved up to fifth among Chinese companies on the list, while maintaining its position as the country's highest-ranked insurance firm.
The earnings of Societe Tunisienne de Reassurance (Tunis Re) are strong for its rating, underpinned by solid underwriting performance, Fitch Ratings has said.
Inflation has a multifaceted impact on insurers and consumers, QBE Asia CEO Rob Kosova said in an exclusive interview.
Taiwan's domestic non-life insurance premium continued to increase in 2024, growing 10.5% to reach TWD278.5bn ($9.2bn), according to a new report by AM Best.
The Central Reinsurance Company (CCR) has posted net profits of $56.28m, an increase of 21.8% compared to the $46.22m chalked up in 2023.
The Saudi Arabian insurance industry's profits (after-zakat & tax) dropped by 28% in the first three months of 2025 to SAR0.6bn ($160m) in 1Q2025 from SAR0.9bn in 1Q2024, Badri Management Consultancy, an international actuarial consulting company, has said.
General Insurance Association of Japan (GIAJ) chairman Mr Hiroaki Shirota has cited several measures that the trade body has taken over the past year or will be taking to improve the industry's operating environment.
The Financial Supervisory Commission (FSC) of Taiwan has decided on several interim measures to mitigate the impact of exchange fluctuations in the financial and capital markets caused by changes in the international financial situation.