China's booming pet economy is driving rapid growth in pet healthcare, now a rising focus for insurers and consumers alike. According to the 2025 China Pet Industry White Paper, the country is home to more than 120m urban cats and dogs, with the market exceeding CNY300bn($42.3bn). Faced with medical bills that can easily run into the thousands, more pet owners are turning to insurance for financial protection.
Morgan Stanley said in a recent research report that insurers under its coverage reported strong third-quarter results, with robust net profits and life insurance sales.
The National Financial Regulatory Administration (NFRA) has issued new guidelines on strengthening supervision of non-motor insurance business, marking a concrete step in implementing the "unified reporting and sales" policy.
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).
South Africa's biggest short-term insurer Santam has said that it had continued to deliver a strong performance since the end of June 2025, with the results for the first nine months of this year (9M2025) exceeding the longer-term targets for all key financial performance indicators.
Lockton Re has appointed Mr Mozum Khan as Global Head of Property Innovation and Solutions. He will be based in Dubai.
Orient Insurance, the UAE's leading insurance provider and a subsidiary of Al-Futtaim, has announced another quarter of exceptional performance. The company delivered strong results across all financial indicators for 9M2025, reflecting continued operational excellence and disciplined growth in a competitive market landscape.
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, has delivered strong financial results for the first nine months of 2025 (9M2025).
The financial performance of Saudi Arabia's insurance market in the first three quarters of this year (3Q2025) continued to reflect the challenging dynamics observed earlier in the year, with profitability pressures persisting across most insurers, according to the international actuarial and risk consulting firm, Badri Management Consultancy.