These are the highlights for events and updates across the insurance industry this week.
The Philippine insurance industry recorded a 13.25% increase in total premiums as of the third quarter of 2025, according to data from the Insurance Commission (IC).
Gross written premiums in the Jordan insurance market registered a solid double-digit growth rate in the first nine months of the year (9M2025), driven primarily by strong performance in the motor and medical insurance branches, which also accounted for the largest share of paid claims.
ZhongAn Insurance has completed its first overseas NEV insurance transaction, marking a strategic breakthrough for the company's international business. The milestone comes as China's NEV exports continue to surge and the industry's globalisation enters a deeper phase.
Japan-based insurer Tokio Marine Holdings has completed its acquisition of Ignyte Insurance's US collector vehicle insurance agency, the firm announced in a 4 November press release. The transaction was executed through its wholly owned subsidiary, Philadelphia Insurance Companies (PHLY), for $615m.
The National Insurance Commission (NAICOM) and the Federal Road Safety Corps (FRSC) have inaugurated a Joint Committee on the Enforcement of Compulsory Third-Party Motor Insurance.
Tunisia is entering a new phase of digitalisation in the insurance sector with the launch of the first mobile application for motor accident reporting.
China's NEV insurance market has continued its strong growth momentum this year, with commercial NEV insurance premiums surpassing CNY108.79bn ($15.2bn) in the first three quarters of 2025, according to local media reports.
These are the updates on insurance regulatory developments in China.
The Algerian insurance market recorded a significant increase of 8.1% in revenue in the first half of 2025, reaching DZD99.3bn ($767.0m), including international acceptances, according to data from the National Insurance Council (CNA).