GCC: Islamic insurance market poised for strong growth in 2025-26 despite earnings pressure

Published on August 27, 2025
The Islamic insurance sector in the GCC will continue to benefit from positive growth prospects through 2025 and 2026, forecasts S&P Global (S&P) in a white paper.
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Aon Analyses $2 Trillion of Insurance Premiums to Identify Top Profitable Growth Performers

August 26, 2025
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Combined ratio improves to 91.4% for APAC reinsurers in 2024: AM Best

August 27, 2025
According to AM Best’s analysis, the rating agency’s Asia-Pacific composite (which includes 33 reinsurers domiciled in the region reporting under IFRS 17 accounting standards) recorded an improved combined ratio overall in 2024 of 91.4%, compared to 92.5% in 2023 and 95.8% in 2022.AM Best noted that nearly all reinsurers in the composite reported an improved combined ratio year-on-year, supported