The insurance sector contributes 2.4% to Tunisia's GDP, estimating that this share could reach 5% in the medium term, subject to improved governance, increased skills and accelerated digital transformation, according to Mr Hatem Amira, director general of the Tunisian Federation of Insurance Companies (FTUSA).
Urbanisation, evolving consumption, and digitalisation are expected to shape the financial needs and risks of Emerging Asia, which insurers must understand to seize growth opportunities, according to the writers of an article published by Hong Kong-headquartered Peak Reinsurance.
The 31 members of the General Insurance Association of Japan (GIAJ), in the financial year ended 31 March 2025 (FY2024) posted a combined net income (after tax) of JPY1,817bn ($12.4bn), 103% higher compared to FY2023, according to Toa Reinsurance's recently released "Japan's Insurance Market 2025" report.
Raising a child is never an easy task, and the present economic climate makes the challenge especially hard, Sun Life Grepa said in a statement.
The inaugural Global Insurance Excellence Awards (GIEA), hosted by Bajaj Allianz General Insurance, last month highlighted the critical role of insurance agents, advisers and brokers in the general insurance value chain.
The short-term insurance sector in Namibia posted a combined net profit before tax of NAD762.3m ($44.1m) for the year ended 31 December 2024, according to the Namibia Financial Institutions Supervisory Authority (NAMFISA). This represents a 9.6% increase over 2023.
Abu Dhabi National Insurance Company (ADNIC) has a track record of strong operating performance, evidenced by return on equity exceeding 12% in all of the last five years (2020-2024), notes AM Best.
South Korea's second largest non-life insurer DB Insurance will acquire 100% of the outstanding shares of the US based specialty insurer The Fortegra Group for KRW2.3tn ($1.65bn).
According to an annual survey of reinsurance buyers by Moody's Ratings, about 75% of the respondents expect further declines in property reinsurance rates in 2026. The survey found that less than 5% predict prices to remain stable and around 20% expect the prices to increase.
The UAE insurance sector maintained its recovery trajectory in the first half of 2025, building on the strong 1Q2025 performance and further distancing itself from the stress impact of April 2024 rains, points out Badri Management Consultancy, an international actuarial and risk consultancy firm.