The Office of Insurance Commission (OIC) is moving forward on a project to develop a strategic plan for voluntary health insurance, according to a statement released by the regulator.
The Law amending the Insurance Business Law takes effect today, focusing on administrative procedure reform and expanding the scope of business for insurers.
South Korean life insurer Shinhan Life is continuing to pursue a growth strategy that links business development with community-focused initiatives, with an emphasis on education and healthcare.
The Korea Life Insurance Association (KLIA) will carry out an organisational reshuffle to create a self-regulation department by reorganising the sales order management team and the advertising review team, which perform self-regulatory functions to prevent misselling and strengthen prior review of insurance advertisements.
Life Insurance Corporation of India (LIC) has announced a strategic collaboration with Sahaj Insurance Services to strengthen insurance penetration across rural and semi-urban parts of the country.
The establishment of a new entity, Shanghai Xingqi Hengtai Enterprise Management Partnership (Shanghai Xingqi), on 12 December 2025, in the Shanghai Free Trade Zone with Shanghai-based insurance and banking shareholders has sparked talk that the new company would serve as the vehicle for the financial rescue of Shanghai Life Insurance.
Canara HSBC Life Insurance has entered into a strategic bancassurance alliance with Equitas Small Finance Bank (ESFB), marking a significant step toward deepening life insurance penetration across India's diverse markets.
Algeria's proposed new insurance law, currently being finalised, is expected to inject new momentum into the sector, according to the Delegate General of the Union of Insurance and Reinsurance Companies (UAR), Mr Abdelhakim Berrah.
The UAE insurance sector is seeing a period of strength and growth, supported by increased premium volumes, improved profitability, higher investment returns, and a healthy competitive environment. Industry trends include regional expansion and digital transformation.
The combined gross written premiums of Syrian insurance companies amounted to about SYP570bn ($51.5m) in 2024, representing growth of 96% compared to 2023, mainly due to the inflation of insured values, according to a recent report published by the Syrian Insurance Supervisory Commission (SISC).