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Kuwait: Insurance premiums down by 9% year on year in FY2025

Insurance companies' premium volume in Kuwait declined by 9% in the fiscal year ended 31 March 2025 (FY2025) with the health insurance branch reporting a notable drop, according to the sector's regulator.


UAE: (Re)insurance association established in ADGM

The Association of Reinsurance (ADGM) [ARIA] has been officially launched within the ADGM, the international financial centre of Abu Dhabi.

UAE: (Re)insurance brokerage AI12 receives DFSA approval for establishment at DIFC

AI12 Ltd., a global specialist insurance and reinsurance brokerage, has officially established as an entity n the Dubai International Financial Centre (DIFC) regulated by the Dubai Financial Services Authority (DFSA).

Other News

Africa

  • South Africa: National Treasury to study structure & pricing of disaster insurance products

Asia

  • China: Strict regulatory protection for rights of people working after retirement
  • Australia: Actuaries back regulator's capital initiatives to unlock annuity market potential
  • Thailand: Audit and supervision of insurance companies to be enhanced

China

  • China's health insurance market enters critical inflection point
  • China's insurance industry posts $520bn in premium income in H1
  • China cuts benchmark rate for life insurance products as industry enters product transition phase
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Asia Risk

  • Climate change could become the main driver of biodiversity decline
  • Climate change: Getting harder to find meteorites in Antarctica
  • Almost 85% of supply chains can't respond to disruptions in 24 hours

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    Turkiye:Insurance market shows robust real growth of 12.3% in premiums in 1H
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    Saudi Arabia:Medgulf and Buruj enter into binding merger agreement

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