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Algeria: Insurance market revenue stays steady in 1H2026

The Algerian insurance market generated revenue of DZD102.8bn ($763m) in the first half of 2026, according to the "Economic Briefing on the National Insurance Market" for the first half of 2026 published by the National Insurance Council (CNA).


Turkiye: Claims from heavy floods amount to nearly US$40m to date

Insurance companies have set aside nearly TRY2bn ($38m) to compensate claims arising from the heavy rainfall and flooding earlier this month that affected Istanbul and five other provinces, according to data from the Insurance Association of Turkiye (TSB).

UAE: Fujairah-government-owned insurer turns around underwriting performance

Al Fujairah National Insurance Company (AFNIC) improved its underwriting performance in 2025,following remedial actions, including premium rate increases, and the launch of a new medical product in the Northern Emirates, notes AM Best. The net-net combined ratio was 92% in 2025.

Other News

Africa

  • Tanzania: Health insurance drives market growth

Asia

  • China: Basic medical insurance paid out US$259.5bn in first nine months of 2026
  • India: Online channels influence 40% of insurance sales
  • Australia: Insurers back Victoria's mandatory flood planning rules

China

  • Insurance entities to maintain professional integrity files on sales personnel starting 1 Jan
  • Huiminbao schemes refine coverage as claims pressure mounts
  • China's NEV insurance market grows, but profitability remains elusive
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Agents

  • Singapore: Singlife launches first insurer-led obesity care programme
  • South Korea: ABL Life launches whole life insurance with early payouts
  • South Korea: AIA Life hosts K-pop concert for customers, employees

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