The General Insurance Council of India is working to create a more accessible, transparent, and efficient healthcare insurance ecosystem for policyholders.
Japan's life insurers have increasingly relied on reinsurance in recent years, with the overall cession rate as a percentage of total gross premium written for the segment rising to more than 24% in 2023 and 2024 from just under 10% in 2020, according to a new AM Best report.
Vietnam has made it mandatory for foreign workers in the country with 12 months labour contract to be covered under the country's social insurance (SI) scheme.
Japan's parliament has enacted reforms in the health insurance segment, that will help reduce medical costs and health insurance premium.
China has appointed Ms Ding Xiangqun as the Communist Party committee chief of the National Financial Regulatory Administration.
The Insurance Association of Turkiye (TSB) anticipates that, with adjustments for inflation, the Turkish insurance industry will likely report a premium volume of around TRY1.75tn ($38.12bn) this year, according to its President, Mr Ahmet Yasar.
Sukoon Insurance, a leading multi-line insurer, has announced that it has started on the first phase of its broader digital overhaul with the launch of its completely redesigned website.
The United Nations Development Programme (UNDP) and the Algerian Institute of Higher Financial Studies (IAHEF) have signed a memorandum of understanding aimed at strengthening national capacities in the field of inclusive insurance in Algeria.
Called "KB Just Right 0540 Health Insurance (Non-Participating)", it is a comprehensive health insurance plan designed to cover health risks that occur from childhood through adulthood.
The Monetary Authority of Singapore (MAS) and the Life Insurance Association (LIA) have cautioned against the use of the term "capital guaranteed" in relation to investment-linked policies (ILPs), as part of efforts to curb misleading representations.