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Kuwait: GIG reports 89% surge in 1H2026 net profit

Gulf Insurance Group (GIG) has announced a net profit of KWD23.8m ($76.7m) for the first half of 2026, an increase of 89.2% or KWD11.2m, compared to the corresponding half in 2025.


Bahrain: Solidarity Bahrain to implement Health Insurance for Residents programme.

Solidarity Bahrain, among the largest insurance providers in Bahrain, has signed an agreement with the Supreme Council for Health (SCH) to implement the Health Insurance for Residents programme.

Turkiye: 42% of residential properties lack compulsory earthquake insurance

Although the Turkish Catastrophe Insurance Pool (DASK) has been working for over 25 years to increase the rate of mandatory earthquake insurance, approximately half of the homes across Turkiye are uninsured.

Other News

Africa

  • Uganda shifts to public-private strategy to shield farmers from climate risks

Asia

  • India: Government mandates insurance cover for nuclear operators
  • Australia: New minimum standards for on-demand delivery workers
  • New Zealand: Insurance can play a greater role in country's healthcare system

China

  • China's auto insurance market signals a shift in the competitive landscape
  • China's insurers form pools to cover mega new technology risks
  • 15 companies command 80% of combined net profits of 58 unlisted life insurers
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Agents

  • Malaysia: Sun Life expands financial literacy programme to 800 TVET students
  • Malaysia: Allianz's critical-illness cover targets income loss
  • Hong Kong: Chubb Life launches critical illness plans with market-first features

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