Turkiye's insurance sector's net profit for the period increased by 63% nominally to TRY168bn in 2025, while the real increase was 25%, notes the global professional services firm KPMG.
Sun Life Malaysia, in collaboration with Agensi Kaunseling dan Pengurusan Kredit (AKPK) and Jabatan Pendidikan Politeknik dan Kolej Komuniti (JPPKK), has expanded its InsureLit Youth Programme to reach 800 TVET students across the Klang Valley.
Life Insurance Corporation of India (LIC) saw a 22.81% year-on-year increase in profit after tax to INR134.9bn ($1.5bn) for the quarter ended 30 June 2026, supported by growth in premium income and a sharp improvement in the value of new business (VNB). Total premium income rose 6.75% to INR1,272.5bn, while individual business premium increased 5.52% to INR754.16bn and group business premium grew 8.61% to INR518.34bn.
The Philippines' state insurer gets a new chief in Beverly Lorraine Ho, Chief Health Officer of Ayala Healthcare Holdings and a former Department of Health (DOH) official. She was appointed as the new President and CEO of the Philippine Health Insurance Corp (PhilHealth), according to a presidential spokesman.
Opening session speakers at the Sri Lanka International Insurance Summit in Colombo yesterday emphasised on the tremendous opportunities being created in Sri Lanka for insurance industry stakeholders and called for a collaborative approach in building a strong and resilient insurance sector.
The 2026 profitability outlook of the insurance industry is subject to greater uncertainty than the 2025 results alone suggest, says the Insurance Authority in its "Saudi Insurance Market Report 2025" report.
Ascend Asia Financial Services Group (Ascend Asia) has opened Ascend Asia Wealth Centre, Singapore's first dedicated wealth advisory centre built around an open-architecture model.
Sun Life Asia has reported a 153% rise in net income to C$202m ($144m) in the second quarter of 2026.
The Thai insurance regulator will associate with Life Insurance Association and Association of Life Insurance Agents and Financial Advisors to promote the knowledge and understanding of life insurance to the public, according to a media release by The Thai Life Assurance Association.
Complaints about general insurance products and services in Australia remained persistently high during 2025-26, according to preliminary data released by the Australian Financial Complaints Authority (AFCA).