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Financial Performance tag returned 4125 results

  • Bahrain: BKIC expected to maintain underwriting profitability

    Bahrain Kuwait Insurance Company (BKIC) has a track record of strong operating performance, notes AM Best.

    Middle East | 27 Sep 2026
  • CreditSights maintains Market Perform view on Kyobo Life bond

    CreditSights has maintained its Market Perform recommendation on Kyobo Life's June 2027 bond, citing its view that the bond is trading at a fair level relative to comparable Hanwha Life Insurance debt. With less than a year remaining until the call date, CreditSights expects the bond to be refinanced in the second quarter of 2027.

    Asia | 25 Sep 2026
  • Mandatory auto insurance losses amounted to US$4.4bn in 2025

    The compulsory motor third-party liability (CTPL) insurance branch in China continued to expand in 2025, with the number of insured motor vehicles reaching 386m, increasing by 3.8% year on year, according to a statement issued by the National Financial Regulatory Administration (NFRA).

    China | 25 Sep 2026
  • Tencent-backed property insurer improves underwriting profitability

    Samsung Property & Casualty Insurance Company (Samsung P&C China) has delivered improved operating results despite a low single-digit return-on-equity in 2025, notes AM Best.

    China | 25 Sep 2026
  • South Africa: Major insurer chalks up record results for FY2026

    Momentum Group, one of South Africa's largest insurance-based financial services groups, has announced record results for the year ended 30 June 2026 (FY2026), with normalised headline earnings (NHE) increasing by 13% to ZAR7.06bn ($432m) and operating profit rising by 9% to ZAR5.97bn.

    Africa | 24 Sep 2026
  • Kuwait: Underwriting leads insurance industry's 1H2026 growth

    Kuwait's listed insurance sector carried firm momentum into the first half of 2026, with aggregate insurance revenue for the eight listed insurers rising by 8% to KWD624m [$2.02bn] (1H2025: KWD577m), according to an analysis by BADRI Management Consultancy.

    Middle East | 24 Sep 2026
  • Turkiye: Milli Re's ratings upgraded as insurance industry beats high inflation

    The Turkish insurance sector has faced extremely challenging conditions in recent years, characterised by high inflation, severe currency devaluation, and natural catastrophes, but it has maintained strong revenue growth, robust returns on equity (ROE), and steady improvements in shareholders' equity, notes S&P Global Ratings (S&P).

    Middle East | 24 Sep 2026
  • Kuwait: GIG's strong operating results backed by underwriting and investment operations

    Kuwait-headquartered Gulf Insurance Group (GIG) has a record of strong operating performance, says AM Best, noting that in 2025, the company reported post-tax profits of KWD31.5m ($102.6m).

    Middle East | 24 Sep 2026
  • Uganda: Oil boom could reshape insurance market

    The outlook of the insurance sector remains positive, with the expected commencement of commercial oil production likely to create a significant pipeline of new insurance business, according to Dr Protazio Sande, Acting CEO of the Insurance Regulatory Authority (IRA).

    Africa | 23 Sep 2026
  • Oman: Insurance sector grows, but underwriting margins weigh on profits

    The first half of 2026 presents a clear divergence between growth and earnings quality for Oman's listed insurance sector, according to BADRI Management Consultancy, an international actuarial and risk consultancy.

    Middle East | 22 Sep 2026