Treasury Cabinet Secretary John Mbadi has announced that the Government has initiated amendments to the Insurance Act to establish agricultural insurance as a standalone class of insurance business.
The Abu Dhabi Civil Defence Authority (ADCDA) has warned that modern furniture pieces, such as sofas and smart tables equipped with electrical charging units, are becoming major causes of house fires due to manufacturing defects and misuse.
Al Ain Ahlia Insurance Company (Al Ain Ahlia) has announced the conclusion of Mr Mohd Mazhar Hamadeh's tenure as CEO, effective 11 June 2026. The announcement was made in a company statement disclosed on the Abu Dhabi Securities Exchange (ADX).
The Senate's Commission for Research, Science, Technology and the Environment (CRSTE) has approved a draft Bill to amend the Construction and Building Code. The draft was presented by the Minister of Urban Planning, Housing and Living Environment, Mr Moussa Sanogo.
Shareholders of non-life insurer Assurances Maghrebia have given the green light to raising the company's capital by TND10m ($3.4m).
The Saudi Capital Market Authority has approved an application from The Company for Cooperative Insurance (Tawuniya) to increase its capital to SAR2.25bn ($599m) from SAR1.5bn, a 50% rise.
China's five major insurance giants are set to distribute aggregate annual dividends of approximately CNY102.4bn ($14.3bn) for the 2025 financial year.
Following a challenging first quarter that saw widespread pressure on net profits and performance indicators, China's listed insurance companies are drawing intense market scrutiny as expectations build for their second-quarter and first-half results.
South African life and non-life insurers continue to navigate a challenging macroeconomic environment, says S&P Global Ratings (S&P).
The Organisation for Economic Co-operation and Development (OECD) has commended the various reform measures being implemented by the Financial Services Authority (OJK) in the insurance and pension fund sectors to strengthen financial sector resilience, enhance consumer protection, and encourage healthy and sustainable industry development.