Against the backdrop of increasingly frequent extreme weather events and rising disaster risks, many experts are calling for legislation for catastrophe insurance.
The global insurance sector has remained financially stable at the end of 2025 despite increasing geopolitical tensions, inflationary pressures and elevated sovereign debt levels, according to the International Association of Insurance Supervisors' (IAIS) mid-year Global Insurance Market Report 2026.
South Korean police have raided the Jaseng Hospital of Korean Medicine and its affiliated medical foundation over an alleged insurance fraud scheme.
Japan has amended its public health insurance laws in a bid to reduce healthcare spending and ease the social insurance burden on the working population, although the reforms have sparked concerns among patients over higher out-of-pocket medical costs.
The Syrian Ministry of Finance has announced the appointment of Mr Firas El Azem as Director General of the Syrian Insurance Supervisory Commission (SISC), effective June 2026, pursuant to Presidential Decree No. 783.
Upon assuming the position of the General Insurance Association of Japan (GIAJ) Chairman, Ishikawa Koji set out his beliefs and commitments as follows:
Hong Kong's Insurance Authority (IA) has granted new authorisations to HSH Captive Limited, set up by The Hongkong and Shanghai Hotels, and SF Captive Limited, set up by S.F. Holding.
The Financial Services Authority (OJK) has revealed that 118 insurance and reinsurance companies have met new minimum capital requirements.
The Financial Services Authority (OJK) has announced that 10 insurers were in the process of establishing full-fledged takaful companies as at 29 June 2026.
The House of Representatives passed a landmark Bill last month to establish an independent insurance commission for Liberia, a move aimed at strengthening regulatory oversight and accelerating the growth and development of the country's insurance sector.