Insurance regulators across Africa are saying that the effects of the Middle East war are already feeding into insurance market fundamentals.
The National Insurance Commission (NAICOM) has met executives of about 12 insurers regarded as largely inactive in the on-going recapitalisation drive.
The Financial Regulatory Authority (FRA) has issued a resolution concerning regulating the licensing, registration and practices of actuaries, in a step aimed at strengthening the regulatory framework.
Prudential Life Insurance has decided to keep its pause on new sales in place for an additional 180 days, extending an earlier 90-day suspension, as it grapples with a growing internal investigation involving alleged misuse of client funds.
The Financial Services Authority (OJK) is carrying out a study on premium rate adjustments in electric vehicle (EV) insurance, taking into account the different risk characteristics of EVs compared to conventional vehicles.
Thailand's insurance regulator, the Office of the Insurance Commission (OIC), has revealed the road accident statistics from the seven-day travel period related to Songkran.
The risk-based solvency (RBS) framework for the insurance sector will be published this quarter, according to Mr Abderrahim Chaffai, President of the Insurance and Social Welfare Supervisory Authority (ACAPS).
Abu Dhabi National Insurance Company (ADNIC), has received the licence to undertake reinsurance business from GIFT City, India's first International Financial Services Centre (IFSC) in Gujarat, effective 1 April 2026.
Fawry, a FinTech company, has obtained approval from the Financial Regulatory Authority to establish Fawry Microinsurance Company.
The Financial Supervisory Service announced that, together with the Korea Insurance Development Institute and non-life insurers, refunded KRW1.36bn ($1.0m) in improperly inflated motor insurance premiums to 2,289 victims of auto insurance fraud last year, reported Yonhap news.