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UAE: Sukoon's strong market position and franchise in MENA support 'A2' rating

Sukoon's strong market position reflects its status as the UAE's fourth-largest insurer and one of the largest insurers in the MENA region, notes Moody's Ratings (Moody's).


Turkiye: Strong investment returns drive rating upgrade for Milli Re

Milli Reasurans Turk Anonim Sirketi (Milli Re) has a track record of adequate earnings generation, evidenced by consolidated and unconsolidated return on equity (ROE) that on average has exceeded 40% over the past five years (2021-2025), AM Best noted.

Qatar: Takaful market leader receives GIFT City licence

Qatari Islamic Insurance Group (QIIG) has obtained obtained a licence from the authorities of the International Financial Services Centre in Gift City in Gujarat City to open a branch in India.

Bahrain: Private equity firm in potential deal to acquire majority stake in Arig

Arab Insurance Group (Arig) has announced that it had received notification of a non-binding letter of intent for the acquisition of a 51% stake in its issued and fully paid-up ordinary shares.

Other News

Africa

  • Kenya Re reports record 1H net profits
  • Africa: bolttech appoints new General Manager

Asia

  • Travel insurance faces exposure after Nepal flash floods
  • ILS capacity reaches new highs amid record catastrophe bond issuance, says AM Best
  • AXA and Manulife join Hong Kong's first GenAI Sandbox++ cohort

China

  • China Life's net profit soars 229% to US$20bn in 1H2026 as investment income rises
  • Regulator introduces non-motor reform to curb disorderly competition
  • Regulator overhauls insurance ALM rules with new targets and a 3-year transition window
Subscribe eChina

Agents

  • Malaysia: Great Eastern Takaful's plan encourages early financial, legacy planning
  • South Korea: Kyobo Life launches health insurance that refills treatment limits every 20 years

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