The 21st Gulf Insurance Forum, held in Dubai last month, concluded with the issuance of 10 core recommendations and shared strategic insights regarding GCC-wide insurance integration.
The Insurance Authority has appointed Mr Abdulaziz Ibrahim Alnowaiser as CEO, effective 1 November 2026, succeeding Engineer Naji AlFaisal AlTamimi.
Shanghai authorities have jointly started a pilot programme for domestic insurance institutions to invest their inward cross-border reinsurance funds abroad. The launch took place during the opening ceremony of the 2026 Shanghai International Reinsurance Conference on 28 October.
Vietnamese authorities are drafting amendments to regulations for the imposition of specific fines for insurance and reinsurance companies that fail to meet shareholder-structure requirements.
Insurers in Australia and Japan have the greatest exposure to weather-related losses among major APAC markets, while solid capital buffers and adaptive underwriting will help mitigate rising risks.
Provisional figures from the Insurance Authority (IA) revealed that the country's gross insurance premiums increased 35.5% y-o-y to HK$ 573.6bn($73.2bn) in the first half of 2026, driven by long term business.
Insurance regulator, Bank Negara Malaysia, has given an extension to RHB Bank till 11 February 2027 to finalise merger talks with Tokio Marine Asia.
In her address during a media conference last week, NCRIB President, Ms Ekeoma Ezeibe, said that the government must lead by example in complying with compulsory insurance requirements for public assets.
The Insurance Association of China (IAC) has released rules to establish a framework for collecting, maintaining and evaluating information on insurance sales personnel, including details related to their professional integrity.
The Insurance Council of Australia (ICA) has submitted a strengthened General Insurance Code of Practice to the Australian Securities and Investments Commission (ASIC) following consultations with consumer groups, regulators, government and insurers. Announced on 22 October, the revised code aims to strengthen consumer protection through legally enforceable obligations, improved support for vulnerable customers and those experiencing financial hardship, and greater transparency and accountability in claims handling.