China's four leading standalone health insurers delivered explosive growth in both premium income and profits, with rates of increase far exceeding the industry average.
Public hospitals in many regions in China have been expanding their special medical services and international departments, with high-end medical services traditionally available in private hospitals and foreign-funded hospitals gradually extending to the public medical system.
Huagui Life Insurance Co, the first local life insurance company registered in the southwestern province of Guizhou, has raised its registered capital to CNY2.61bn ($383.3m) from CNY2bn.
The conflict in the Middle East is creating two second-order risks for life insurers in Asia, according to HSBC CEO for Insurance Edward Moncreiffe in an interview with Asia Insurance Review. He noted that while the impact on life insurers is not direct, there are still significant knock-on effects for life insurers.
Annuities are expected to see stronger growth across Asia-Pacific as markets transition from saving to retirement income, particularly in ageing economies where large pools of household savings are beginning to move into drawdown. "The strongest growth potential is in markets that are now transitioning from saving to retirement income at scale," said Challenger Chief Executive for Insurance Anton Kapel in an interview with Asia Insurance Review.
Prudential Health India has appointed: Mr Amit Dave as CEO and Managing Director, subject to regulatory approval, and Mr Abhishek Saraf as COO.
As supply uncertainties continue, fuel prices in South Africa are soaring, leading to a rising number of citizens hoarding bulk purchases of petrol.
GlobeMed Iraq, the leading healthcare benefits management company in Iraq, and Alyamama Insurance Company, a prominent insurer in the country, have signed a Third-Party Administrator (TPA) agreement effective 15 January, 2026, reinforcing their shared commitment to advancing health insurance services across Iraq. The signing ceremony was attended by senior executives from both organisations.
Allianz Partners, a world leader in insurance and assistance services, has announced a new strategic reinsurance relationship with Al Koot Insurance, Qatar's leading medical insurance provider.
Zurich Insurance has appointed Mr Digbijoy "Digi" Joseph Shukla as Head of Digital, APAC. In his new role, he will play a central role in shaping Zurich's pan APAC customer and digital agenda, with overall leadership responsibility for Zurich Edge, the company's regional digital and embedded insurance business.