AXA XL, the P&C and specialty risk division of Paris-headquartered AXA Group, has reported a EUR100m ($115.4m) loss related to the Middle East for the first half of this year.
Natural hazard risk is increasingly shaping capital allocation across financial markets. With insurance capacity tightening and physical risks becoming more financially significant, investors will increasingly face these exposures across a wide range of asset classes.
Rising health insurance penetration will support the growth of Indian hospital sector, according to a new survey report by Deloitte India.
Kenya Reinsurance Corporation (Kenya Re) has a strong capital position, which GCR Ratings placed at $460.3m (KES59.49bn), supported by sound earnings retention.
The Company for Cooperative Insurance (Tawuniya), which ranks among Saudi Arabia's top three insurers, has reported a net profit after zakat, attributable to shareholders of SAR609.85m for the first half of 2026, 16.16% lower than the SAR729.11m in the corresponding half of last year.
Sukoon Insurance, among the UAE's five biggest insurers, has announced its financial results for the first half of 2026, delivering a strong performance across its core business lines and building on the positive momentum achieved at the start of the year.
The mainland Chinese insurance industry recorded original insurance premium income of CNY3.86tn ($569.5bn) for the first half of this year, up by 3.24% year-on-year, according to data published by the National Financial Regulatory Administration (NFRA).
Life insurance companies reported original premiums totalling CNY2.87tn in the first half of this year, representing growth of 3.65%.
Property insurers generated CNY984.6bn ($145.4bn) in original premium income in the first half of 2026, up by 2.08% year-on-year, official data indicate.
Markel Insurance, the insurance operations within Markel Group, has appointed Mr Abbas Choker as CFO, APAC.