Soft market conditions in the APAC reinsurance market are likely to put pressure on margins and raise risk-management challenges for reinsurers, says Fitch ratings in a new report.
Abu Dhabi-based Insurance House (IH) has announced its accumulated losses as of the end of the second quarter of the year and the measures taken to deal with them, according to a statement lodged by the company with the Abu Dhabi Securities Exchange.
The Insurance Council of Australia (ICA) has responded to all five Productivity Commission interim reports with recommendations to boost economic efficiency.
Nearly 70% of Gen Z would consider professional financial advice in contrast to the 18% who are currently receiving advice or have received advice in the past according to new research by the Financial Services Council (FSC) of New Zealand.
Six major Taiwanese life insurers have registered a combined after-tax profit of NT$16.73bn ($552m) in August 2025. This translates into a 11.8-fold increase from the same month last year. The life insurers' profits have been driven largely by the weakening Taiwan dollar.
India's life insurance industry is currently in a long growth cycle, with life insurance penetration still at just 2.8% versus 5.6% globally according to a new report by PL Capital.
The board of directors of UAE-based Islamic Arab Insurance Company (Salama) has adopted a resolution to reduce the issued share capital of the company by AED475,710,293 ($129.5m), according to a statement lodged with the Dubai Financial Market on 11 September.
The Insurance Authority (IA), the insurance regulator in Hong Kong has issued a public reprimand on Tahoe Life Insurance Company and also imposed a fine of $10m to be borne by its shareholders' fund.
Nine out of 10 insurance investment managers think climate risk and its impact will become more important to their portfolios and strategies in the next three years according to a new research.
Global reinsurers built their capital by at 4.8% to $805bn, as of 1H2025, an increase of 4.8% versus the restated full-year 2024 base, according to Gallagher Re's "Reinsurance Market Report: Results for half-year 2025", published earlier this month. The increase was supported by solid retained earnings.