Zurich Insurance has announced the promotions of Mr Giles Crowley and Mr Kin Lee to its APAC commercial insurance business. Mr Crowley has been promoted to Head of Customer and Distribution Management (CDM), APAC, and Mr Lee to Head of Energy, APAC.
The Philippine Health Insurance Corporation (PhilHealth) has paid out PHP143.22bn ($2.32bn) in benefit claims nationwide from 1 January 2026 to 30 Apri, 2026, marking a 56.15% increase compared to the PHP91.72bn released during the same period last year, reported the Philippine News Agency.
The operating performance of Qatar Islamic Insurance Group (QIIG) is strong, says AM Best, which expects profitability to remain broadly consistent with 2025 results over the medium term, supported by strong underwriting profitability and moderate investment returns.
Oman Qatar Insurance Company (OQIC) has announced that S&P Global Ratings (S&P) has assigned the company its first long-term Insurer Financial Strength (IFS) rating of 'A-' with a 'Stable' outlook.
GCC insurers entered the ongoing regional geopolitical escalation from a position of relative strength, with 1Q2026 results continuing to reflect strong premium growth and profitability across most markets, according to a report by research and consulting firm Insurance Monitor and Lux Actuaries and Consultants.
The Australian financial system, including Australian Prudential Regulation Authority (APRA) regulated banks, insurers and superannuation funds, remains resilient in an increasingly volatile and interconnected world, according to the latest edition of APRA's System Risk Outlook report.
Liva Group has appointed Mr Michael Thomssen as Group Chief Financial and Investment Officer.
Islamic Arab Insurance Company (Salama), one of the world's largest and longest-established composite takaful companies, has announced a landmark set of 1Q2026 financial results, marking a major milestone in the Group's transformation and recovery journey.
The 1Q2026 solvency reports of 63 life insurance companies show that they raked in premiums of CNY462.35bn ($68.14bn) through the bancassurance channel, accounting for 47.78% of their total premiums of CNY967.79bn.
PICC Property & Casualty Insurance, the largest nonlife insurer in China, contributed CNY16.34bn ($2.4bn) or nearly 65% ??of the combined profits of over CNY25bn of 87 non-life insurers in the first quarter of this year.