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Saudi insurance industry's 2026 profitability outlook more uncertain than indicated by 2025 financial results

The 2026 profitability outlook of the insurance industry is subject to greater uncertainty than the 2025 results alone suggest, says the Insurance Authority in its "Saudi Insurance Market Report 2025" report.


Jordan: GIG unit to improve credit risk assessment

Gulf Insurance Group-Jordan has signed an agreement with credit information provider CRIF Jordan for credit inquiry services.

Egyptian Takaful expected to return to profitability following 2025 one-off losses

Egyptian Takaful Properties and Liabilities Insurance Company (Egyptian Takaful) has a track record of solid operating performance despite the challenging macroeconomic conditions in Egypt, notes AM Best which assesses Egyptian Takaful's operating performance as adequate.

Other News

Africa

  • Nigeria: Regulator expects recapitalised insurers to show improved performance

Asia

  • Thailand: Regulator and industry association to join hands to promote life insurance knowledge
  • Australia: General insurance complaints increase by 5% while life insurance complaints increase by 3% in 2025-26
  • India: Low penetration and reforms to drive insurance growth: S&P

China

  • Swiss Re study highlights major health service gaps from childhood to old age in China
  • Local tax authorities target HK insurance gains, triggering industry jitters
  • Unlisted non-life insurers face margin squeeze as 1H revenue rises but net profits fall
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Agents

  • Singapore: AIA expands cross-border care as 34% fear medical costs
  • Singapore: Etiqa launches endowment plan amidst volatility fears
  • Singapore: Ascend Asia launches country's first dedicated wealth centre for financial advisory firms

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    Global:Liberty Mutual Reinsurance appoints new Head of Cyber
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    Global:MS Amlin appoints new Chief Actuary

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