Turkiye: Turkish insurance premium production expected to reach US$30bn in 2025

Published on December 23, 2025
Turkish Insurance Association (TSB) President Ugur Gulen has assessed the insurance sector's performance in 2025 as a success.
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AM Best revises outlook on Mexico’s insurance segment to negative

December 22, 2025
Credit rating agency AM Best has revised its outlook on Mexico’s insurance segment to negative from stable, attributing the change to the elimination of a fiscal credit on value added tax paid to third parties, including hospitals, as well as on other claims-related expenses.According to AM Best, this regulatory change could reduce insurers’ expected net profits for 2025 by as much as 40%. The age

Kelly Lim and Alex Lim join QBE Singapore’s Marine business

December 23, 2025
QBE, an international insurer and reinsurer, has announced two leadership appointments within its Singapore Marine business.Kelly Lim has been appointed Country Lead for Cargo & TOL, while Alex Lim has been named Country Lead for Hull & Liability within QBE Singapore’s Marine business.Both Kelly and Alex will report to the Head of Marine, Asia, ensuring alignment with the firm’s regional strategy