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Saudi Arabia: Excluding one-offs, Saudi Re delivers stable performance as revenues climb 45%

Saudi Reinsurance Company's (Saudi Re) reinsurance revenues surged by 45.27% year-on-year (YoY) to SAR1.19bn ($317.3m) in the first nine months of this year (9M2025) from SAR824.15m in 3Q2024.


Oman Re's net profit after tax rises by 127% in Jan-Sep period

Oman Re, the Sultanate of Oman's sole reinsurer, has announced strong financial results for the nine months ended 30 September 2025 (9M2025), recording a net profit after tax of OMR3.2m ($8.4m).

Qatar: QIC's net profit climbs 23%, driven by rebalancing portfolio toward MENA

Qatar Insurance (QIC), the leading insurer in Qatar and the MENA region, has posted a 23% increase in net profit before Pillar II* tax for the first nine months of 2025 (9M2025).

Other News

Africa

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  • Japan's major life insurers shift to higher-yield bonds amid rising JGB yields
  • Financial protection drives legacy planning priorities across Asia

China

  • China's 15th Five-Year Plan emphasises stronger insurance safety nets and rural resilience
  • IAMAC: Low interest rate environment expected to persist for 3-5 years
  • NEV insurance premiums exceed $15.2bn in first three quarters
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Asia Risk

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  • Climate change: Getting harder to find meteorites in Antarctica
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