The Saudi insurance industry has reported growth in total premium income for the first quarter of the year, while the net income saw a notable setback, according to the Insurance Authority's latest quarterly report.
The Algerian insurance market has posted total premium volume of DZD56.9bn ($439m) in 1Q2025, 13.3% higher than in the corresponding quarter in 2024, including international acceptances and retakaful, the National Insurance Council (CNA) indicated in its latest economic report.
Japanese non-life insurance groups are expected to maintain favourable underwriting results both in Japan and overseas markets in the financial year ending March 2026, while the growth in earnings is likely to slow as sales of strategic shareholdings decline according to a non-rating action commentary by Fitch Ratings.
Personal safety is the leading concern of UAE travellers -- cited by 44% of respondents to a travel survey -- followed by fears of extreme weather events, financial constraints, and flight disruptions.
The Ghana Revenue Authority (GRA) has implemented a 15% Value Added Tax (VAT) on non-life insurance premiums, starting on 1 July 2025.
The Moroccan insurance sector is entering the second half of 2025 with very favourable momentum, despite the significant disruptions affecting the global economy, according to the Moroccan Insurance Federation (FMA).
The insurance market in Uganda posted gross premiums of UGX1.76tn ($490m) in 2024, 10% higher than the UGX1.60tn chalked up in 2023, according to data from the Insurance Regulatory Authority (IRA).
Saudi Reinsurance Company (Saudi Re) has signed a contract with The Company for Cooperative Insurance (Tawuniya), to reinsure the compulsory Inherent Defects Insurance (IDI) pool.
The board of directors of Gulf General Cooperative Insurance Company (GGI) has recommended a reduction of the company's capital, as decided during their meeting held on 29 June 2025, according to a bourse filing on the Saudi Exchange (Tadawul) yesterday.
The South African insurance market is showing encouraging signs of adaptation, innovation, and resilience across the insurance value chain, according to the 2024-2025 Insurance Barometer Report.