The life reinsurance segment of Qianhai Reinsurance Co (QHR) remains as the major driver of the company's underwriting results, notes AM Best.
The life and non-life insurance sectors in Japan in 2025 are expected to show strengthened capitalisation and healthy underwriting margins, says Fitch Ratings.
The first-year premium income of the life insurance market in Taiwan will rise by between 5% and 10% next year, according to a 2025 insurance market forecast by the Taiwan Insurance Institute (TII).
The performance of Korean life and non-life insurers in 2025 is expected to be stable, with the sector outlook,'Neutral', says Fitch Ratings.
The UAE insurance industry's profit before tax increased by 8%, reaching AED2.0bn ($545m) in the first nine months of this year, from AED1.8bn in the corresponding period in 2023, points out Badri Management Consultancy which specialises in actuarial services.
Singapore Re's operating performance is expected to remain at the adequate level, supported by robust business growth while maintaining prudent underwriting discipline, says AM Best.
Dubai National Insurance & Reinsurance's (DNI) cross-cycle operating performance is expected to remain strong, supported by its stringent underwriting and prudent risk selection, said AM Best.
State-owned Mongolian National Reinsurance (Mongolian Re) has projected that it would gradually manage down the management expense ratio by expanding its premium scale and improving its operating efficiency over the short to intermediate term, noted AM Best.
Continental Reinsurance (CRe) has taken steps to improve its capital management capabilities and is targeting more moderate growth over the medium term, notes AM Best.
Zheshang Property and Casualty Insurance Company (Zheshang Insurance) turned profitable in 2023, and earnings continued to expand in the first nine months of this year (9M2024) on better underwriting performance, notes Fitch Ratings.