The engineering insurance segment is expected to remain under pressure through 2026, with its performance continuing to be shaped by conditions in the construction and infrastructure sectors.
The Federation of African National Insurance Companies (FANAF) has adopted the Pan-African Pact for Insurance Inclusion, which includes the "Cotonou Appeal" which is a call for collaboration by stakeholders to promote access to insurance to those currently excluded from any coverage. The Pact also includes 23 resolutions for transforming insurance on the continent.
Cities across China have started enrolling subscribers for the 2026 edition of huiminbao since the fourth quarter of 2025. Although the cumulative number of participants in huiminbao has exceeded 200m nationwide, the subscription rate has been declining in several cities, and insurers that offer the plans are facing the challenge of retaining participants.
Arope Life Insurance-Egypt is preparing to engage in microinsurance after obtaining the necessary regulatory approvals for operating in this branch of business.
Malaysia's insurance and takaful industry is expected to remain resilient in the second half of 2026, supported by strong capital positions despite ongoing challenges from medical inflation, softer investment returns and weaker consumer spending, according to a report by RAM Rating Services. The rating agency said ongoing industry reforms are expected to improve affordability, claims sustainability and operational efficiency over time.
Indonesia's insurance industry is poised for sustained growth, driven by rising demand for life, health and asset protection as consumers become increasingly aware of the importance of financial security.
Vietnam's insurance industry continued to show signs of steady recovery in the first half of 2026.
Japan's non-life insurance market is expected to expand steadily over the next decade, with market value projected to increase from $238.3bn in 2025 to $314.6bn by 2035, representing a compound annual growth rate (CAGR) of 3.14% between 2026 and 2035.
The Indian government plans to establish a cooperative life insurance company as part of its efforts to expand the cooperative sector into financial services and strengthen the broader cooperative ecosystem.
Despite growing awareness of home insurance, many Singapore households remain underinsured because they mistakenly believe their mandatory HDB fire insurance provides comprehensive protection, according to ECICS CEO Choi Kin Seng.