The P&C insurance market as a whole chalked up increased revenue but lower profits in the first quarter of this year, according to an analysis of their 1Q2026 solvency reports.
The 60 unlisted life insurance companies in China that have released their first-quarter solvency reports as of 7 May, reported a combined net profit of CNY18.37bn ($2.71bn), representing a year-on-year increase of 7.7% and total insurance revenue of CNY628.80bn, a year-on-year increase of 13.7%.
Guoren Property and Casualty Insurance Co (Guoren P&C) is expected to improve its combined ratio in 2026 from 101.4% in 2025, according to Fitch Ratings.
The UAE insurance sector delivered a strong performance in 2025, demonstrating broad-based improvement across both conventional and takaful portfolios, according to an update by BADRI Management Consultancy, based on listed insurers' audited financial statements.
According to current trends, Taiwan's National Health Insurance (NHI) reserve fund position is expected to be comfortable over 2026 and also 2027. Based on figures presented in a recent meeting of NHI Committee it was projected that the reserves would approach the legal minimum level by the end of 2027.
Insurance Australia Group (IAG) has announced a refreshed strategy and long-term financial targets as part of its Ambition 2030.
Hannover Re, one of the world's leading reinsurers, has reported a strong start to 2026, continuing positive trends from recent quarters, despite the uncertainties created by the Middle East conflict.
Orient Insurance, the UAE's leading insurance provider, has delivered solid financial results for the three months ended 31 March 2026. The company continued its positive growth trajectory across key financial indicators, reflecting disciplined underwriting, prudent risk management, and a continued focus on delivering customer-centric insurance solutions.
Reinsurance giant Munich Re has allocated EUR90m ($105.6m) in the first quarter of this year for claims for damages from the Middle East armed hostilities, according to the company's CFO, Mr Andrew Buchanan.
FWD Hong Kong has reported new business single premium surge of nearly 70% in 2025, ranking third in Hong Kong Solidifies position as a top five pan-Asian insurer in Hong Kong