Momentum Group, one of South Africa's largest insurance-based financial services groups, has announced record results for the year ended 30 June 2026 (FY2026), with normalised headline earnings (NHE) increasing by 13% to ZAR7.06bn ($432m) and operating profit rising by 9% to ZAR5.97bn.
Kuwait's listed insurance sector carried firm momentum into the first half of 2026, with aggregate insurance revenue for the eight listed insurers rising by 8% to KWD624m [$2.02bn] (1H2025: KWD577m), according to an analysis by BADRI Management Consultancy.
Kuwait-headquartered Gulf Insurance Group (GIG) has a record of strong operating performance, says AM Best, noting that in 2025, the company reported post-tax profits of KWD31.5m ($102.6m).
The Financial Supervisory Commission (FSC) has issued the "Explanatory Notes on the Calculation of Own Funds and Risk Capital and Related Reporting Forms for Insurance Enterprises."
The insurance sector could potentially tap into a range of emerging sectors as new technologies and industries create risks that have yet to be fully priced, according to new research from McKinsey.
Prudential Singapore has announced that customers will be able to access wealth accumulation products such as unit trusts through its tied-agency financial representatives in 2027.
DARA Insurance and SAFETYNET Group have signed a Memorandum of Understanding (MoU). The partnership brings together the complementary strengths of DARA Insurance and SAFETYNET Group, creating new opportunities to better serve clients and contribute to the continued development of health insurance in Cambodia.
Income Insurance has detailed its progress in advancing a responsible transition in its 2025 Sustainability Report, titled 'Here for Tomorrow'.
Vontobel, an investment management firm, has appointed Mr Emmanuel Archampong as Head of Insurance Solutions in APAC. His appointment comes as part of the firm's growth ambitions in the insurance sector, a strategic focus area for its institutional clients business.
Zhibao Technology announced that its reinsurance subsidiary, Zhibao Labuan Reinsurance Company (Zhibao Labuan Re), is expanding its operations into Hong Kong and Southeast Asia.