UAE: 2025 set to be record-breaking year for Sukoon

Published on October 30, 2025
Sukoon Insurance has announced a 56% year-on-year (YoY) surge in profit before tax to AED303.2m ($82.3m) for the first three quarters of this year (3Q2025), exceeding its full-year 2024 profit.
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Starr to acquire IQUW Group

October 29, 2025
Starr, the global investment and insurance company has entered into a definitive agreement to acquire IQUW Group, the specialty insurance and reinsurance organisation.The deal is expected to expand Starr’s underwriting capabilities and position the combined company for growth across a broader range of global market segments.IQUW Group operates two syndicates at Lloyd’s of London: IQUW, a specialty

China Re P&C net profit climbs ~77% in 9M’25

October 30, 2025
China Property and Casualty Reinsurance Company Ltd. (China Re P&C) released its unaudited results for the nine months ended 30 September 2025, reporting a net profit of RMB 2,246 million (USD 316m), up approximately 77% from RMB 1,272 million (USD 178m) in the same period last year.China Re P&C’s operating income reached RMB 30,479 million (USD 4.3bn) in 9M’25. Premiums earned totalled RMB 27,714