Prudential plc has released its 1Q2026 business performance update for the three months ended 31 March 2026.
The direct impact of the conflict in the Middle East on Saudi Arabia's Gulf Union Alahlia Cooperative Insurance (Gulf Union) is expected to be limited, according to Fitch Ratings.
China's insurance industry's premium income in Q1 of 2026 was CNY2.3tn ($336.84bn) in the first three months of 2026, rising 6.2% y-o-y, according to the Insurance Association of China (IAC).
Oman Re, the Sultanate's sole reinsurer, has reported a strong financial performance for the first quarter ended 31 March 2026, underpinned by disciplined underwriting, sustained premium growth and prudent investment strategies.
Motor remained the most distressed line in the Saudi insurance market in 2025, with net service results swinging to a loss of SAR797m ($212.5m) in 2025 from a profit of SAR578m in 2024, a deterioration of 238%, according to BADRI Management Consultancy.
Salama Islamic Arab Insurance Company (SALAMA) has completed its capital restructuring programme, marking the conclusion of a multi-year transformation and the re-establishment of the company's financial strength.
The ongoing geopolitical tensions in the Middle East are expected to have a limited effect on the operating performance of Sukoon Insurance, one of the UAE biggest insurers, according to S&P Global Ratings (S&P).
The Reserve Bank of New Zealand (RBNZ) has opened consultation on an exposure draft of a Bill that will amend the Insurance (Prudential Supervision) Act 2010 (IPSA).
Health insurance coverage in India increased sharply to 47.4% in rural areas and 44.3% in urban areas during the last eight years, according to the 80th round of the National Sample Survey (NSS).
Niyam Group has received Lloyd's approval for its Syndicate 2047. The group has also announced the appointment of Mr Devesh Srivastava as its Chairman