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Financial Performance tag returned 3703 results

  • Jordan: Insurance premiums climb by nearly 10% in 2025

    Total premiums in Jordan's insurance market showed strong growth in 2025 compared to the previous year, with expansion in both non-life insurance and life insurance sectors.

    Middle East | 12 Mar 2026
  • Uzbekistan: Trust Insurance's credit ratings downgraded and withdrawn

    AM Best has downgraded Trust Insurance (Uzbekistan)'s financial strength rating to 'C- '(Weak) from 'C+' (Marginal) and the Long-Term Issuer Credit Rating to 'ccc-' (Weak) from 'b-' (Marginal). The outlook of these credit ratings is 'Stable'.

    Asia | 12 Mar 2026
  • South Africa: Strong earnings anchor Sanlam companies' national ratings

    The Sanlam group's operating earnings rose 14% year on year to ZAR8.1bn ($496m) at end-1H2025, following a strong result in 2024, notes Fitch Ratings. This was driven by general insurance (up 42%), with continued strength in life and health (up 15%) and credit and structuring (up 18%). Investment management saw a smaller increase of 8%.

    Africa | 11 Mar 2026
  • Qatar: Al Khaleej Takaful's ratings affirmed on strong capital position and operating position

    Al Khaleej Takaful Insurance Company's (AKTI) operating performance as strong with the company reporting robust underwriting performance consistently, with a five-year (2020-2024) weighted average combined ratio (including short-term life results) of 83%, notes AM Best.

    Middle East | 11 Mar 2026
  • CAT bond market sees accelerated growth as loss multiples compress, says AM Best

    Insurance-linked securities (ILS) capacity continues to reach record levels, according to the latest report by AM Best. The ILS market has grown from niche to established with returning sponsors/cedants. Investors' understanding and confidence in the market has grown.

    Asia | 11 Mar 2026
  • ME conflict: Singapore-based aviation (re)insurers need to manage their risk exposure

    Aviation insurance has emerged as a critical pressure point as a consequence of the Middle East conflict. To minimise risk, Singapore-based aviation insurers and reinsurers would need to carefully manage exposure to hull war, passenger liability and third-party risks, according to Mr Tristan Thompson, Aviation Partner at Kennedys, a global litigation and dispute resolution firm.

    Asia | 09 Mar 2026
  • Agricultural insurer's rating upgraded on resilient performance metrics

    The underwriting results of Zhongyuan Agricultural Insurance Co (ZYIC) are expected to remain satisfactory, supported by the strong margins of its agricultural insurance business and ongoing loss-mitigation and cost-control measures, said Fitch Ratings in a commentary.

    China | 06 Mar 2026
  • Philippine pre-need industry records double-digit growth in 2025

    The Philippine pre-need industry posted double-digit growth at the end of 2025, with total net worth reaching PHP33.87bn ($577.26M), a figure 21.04% higher than that recorded a year earlier. Data from the Philippine Insurance Commission also showed retained earnings increasing by 39.57%, accounting for 73.48% of total net worth.

    Asia | 06 Mar 2026
  • Morocco: Wafa Assurance Group's topline performance in 2025 boosted by acquisitions in Egypt

    The consolidated premium income generated by the Wafa Assurance Group, the leading insurance group in Morocco, reached more than MAD15,226m ($1,637m) in the 2025 financial year, an increase of 10.9% compared to the previous year.

    Middle East | 05 Mar 2026
  • SCOR posts net income of nearly US$1bn for 2025

    Paris-headquartered global reinsurer SCOR has reported a net income of EUR851m ($990m) for the financial year ended 31 December 2025, according to financial statements released yesterday by the company.

    AIRPlus | 05 Mar 2026