The priorities of China's non-life insurers are increasingly shifting toward sustainable profitability and operational efficiency, supported by accelerated digitalisation and innovation, according toe Mr James Chan, Director, Analytics, at AM Best.
Ten bank-affiliated insurance companies have posted a combined net profit of CNY25.26bn ($3.76bn) for the first half of this year, representing a dramatic year-on-year increase of 162.58%, with every one of them reporting profits.
A proposed capital injection from China's Ministry of Finance and proactive capital management at the subsidiary level will likely shore up PICC Group's capital headroom, said S&P Global Ratings (S&P). Meanwhile, the insurance group's ongoing efforts to tighten underwriting and investment risk controls could help safeguard underlying earnings.
Ping An Health Insurance Company of China (Ping An Health), the second-largest specialised health insurer in mainland China, maintained strong operating performance in 2025, delivering a return-on-equity (ROE) of over 20%, notes AM Best.
Urtrust Insurance Co is expected to maintain its underwriting advantage in the new-energy vehicle (NEV) segment through close partnerships with manufacturers and improved pricing capabilities driven by richer operational data, said Fitch Ratings.
Qatari takaful companies posted profits attributable to shareholders of QAR335m ($92m) in 2025, representing a growth rate of 2.7% compared with 2024, according to Bait Al Mashura Financial Consultations Company.
At the 30th Insurance Management Development Programme (IMDP), held at the Thai General Insurance Association, Office of Insurance Commission (OIC) Secretary-General Chuchat Pramoonpol delivered a special lecture, titled 'The Direction of Regulation and Promotion of the Thai Non-Life Insurance Business'.
AM Best has upgraded Singapore Reinsurance Corporation's (Singapore Re) Long-Term Issuer Credit Rating (Long-Term ICR) to "a+" (Excellent), up from "a" (Excellent). The ratings agency also affirmed the reinsurer's Financial Strength Rating (FSR) of A (Excellent) of Singapore Reinsurance Corporation Limited (Singapore Re).
As risks are becoming more global and volatile, the value of reinsurance has never been more evident than it is today, according to a new report by the global reinsurer Munich Re.
AI data centres and renewable energy investments could generate around $200bn in cumulative commercial insurance premiums by 2030, says a new Swiss Re Institute report.