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Financial Performance tag returned 4089 results

  • Malaysia non-life insurance outlook remains stable, says AM Best

    A stable outlook on Malaysia's non-life insurance segment is maintained by ratings organisation AM Best. The agency cites regulatory initiatives and economic expansion that are supporting robust premium growth and higher insurance penetration, adding that the segment is also benefiting from the de-tariffication of motor and fire insurance, alongside measures aimed at curbing medical inflation.

    Asia | 11 Sep 2026
  • Philippine HMOs pay out US$711m in health benefits in H1 2026

    The pay-out of Health Maintenance Organisations (HMOs) in the Philippines reached PHP41.23bn ($711m) in total benefits and claims in the first half of 2026, marking a 13.62% increase from PHP36.29bn in the same period last year. This, according to Manila's Insurance Commission (IC), reflects increased utilisation of healthcare services. Data from the IC also show that despite the higher payouts, the HMO industry maintained a strong financial position, supported by rising revenues and membership fee collections.

    Asia | 11 Sep 2026
  • Qatar: Takaful sector profits reach US$92m in 2025

    Qatari takaful companies posted profits attributable to shareholders of QAR335m ($92m) in 2025, representing a growth rate of 2.7% compared with 2024, according to Bait Al Mashura Financial Consultations Company.

    Middle East | 10 Sep 2026
  • Thailand: Regulator looks to evolve into forward-looking organisation that identifies risk early

    At the 30th Insurance Management Development Programme (IMDP), held at the Thai General Insurance Association, Office of Insurance Commission (OIC) Secretary-General Chuchat Pramoonpol delivered a special lecture, titled 'The Direction of Regulation and Promotion of the Thai Non-Life Insurance Business'.

    Asia | 10 Sep 2026
  • AM Best affirms Singapore Re's A (Excellent) FSR

    AM Best has upgraded Singapore Reinsurance Corporation's (Singapore Re) Long-Term Issuer Credit Rating (Long-Term ICR) to "a+" (Excellent), up from "a" (Excellent). The ratings agency also affirmed the reinsurer's Financial Strength Rating (FSR) of A (Excellent) of Singapore Reinsurance Corporation Limited (Singapore Re).

    Asia | 10 Sep 2026
  • Global: Rising volatility has increased the value of reinsurance

    As risks are becoming more global and volatile, the value of reinsurance has never been more evident than it is today, according to a new report by the global reinsurer Munich Re.

    Asia | 08 Sep 2026
  • Global: $200bn commercial insurance opportunity from global investment boom

    AI data centres and renewable energy investments could generate around $200bn in cumulative commercial insurance premiums by 2030, says a new Swiss Re Institute report.

    Asia | 08 Sep 2026
  • China: Medical insurance coverage will be expanded under the new plan for 2026-2030

    China will expand the scope of medical insurance coverage, strengthen support for medical innovation, streamline services and tighten fund supervision during the 15th Five-Year Plan period (2026-30).

    Asia | 08 Sep 2026
  • South Africa: Santam posts solid 1H2026 profit growth despite weather CAT losses

    Santam, South Africa's largest general insurer, has recorded a solid performance for the half year ended 30 June 2026, with growth of 10% (June 2025: 10%) in Gross Written Premium (GWP), an 8.1% (June 2025: 11.3%) Underwriting Margin (UWM) and a 6% (June 2025: 16%) rise in Net Earned Premium (NEP).

    Africa | 07 Sep 2026
  • China: Work starts to overhaul insurance law and strengthen insurance regulations

    China has set in motion an exercise to overhaul the country's insurance law and also strengthen the insurance regulations. The National Financial Regulatory Administration (NFRA) released a draft revision of the country's Insurance Law for public consultation on 4 September 2026.

    Asia | 07 Sep 2026


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