Prime Minister Li Qiang, in delivering the government work report at the opening yesterday of the annual National People's Congress meeting, highlighted several targets for the insurance industry.
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.
Great Eastern is launching a dedicated client segment proposition for high-net-worth (HNW) individuals, as it seeks a bigger share of Asia's growing wealth and legacy-planning market.
Great Eastern has launched Great Eastern Private, a segment proposition created for high-net-worth (HNW) individuals and families across Asia.
The Insurance Regulatory Commission of Sri Lanka (IRCSL) has unveiled the Centralised Insurance Data Repository. Done in collaboration with the Credit Information Bureau of Sri Lanka (CRIB), the initiative was conceptualised under the leadership and guidance of IRCSL Chairman Dr Ajith De Mel.
S&P Global Ratings (S&P) says that it considers the gravity of the military conflict in the Middle East to have moved from high to severe in its pre-defined scenarios and consequently, the potential for events to weaken credit quality across sectors has increased.
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.
After four decades of rapid economic development, urbanisation, and lifestyle change, Asia Pacific is now witnessing an unprecedented increase in metabolic ill health among its youngest generations.
A new study by Howden has revealed that employers across Asia are strengthening their focus on preventative healthcare and flexible benefits design, as medical costs continue to rise in 2026.