Life insurance rate cut to 2.0% drives shift toward dividend products

...regulations, if the maximum pricing rate for ordinary life products stays at least 25 basis points above the reference value for two consecutive quarters, insurers must cut the maximum rate for new p...

Indonesia: Insurers urge policyholders to report on priority protest-related losses

...regulations. He said AAUI understands the difficulties faced by the public, especially owners of burned four-wheeled and two-wheeled vehicles, in preparing claim evidence. However, the asso...

Saudi Arabia: Health insurance premiums forecast to double by 2030 on regulatory support & digital transformation

...regulations and effective supervision ensures that this momentum translates into sustainable growth, while digital transformation opens vast opportunities to innovate and enhance customer services.&r...

FAIR all geared up for 29th Conference in Mumbai: "Emerging Markets - Towards Resilient Growth"

...regulations, cyber risks, and climate change....

Thailand: Regulator orders increase in motor coverage limit

...Thailand's regulator, the Office of Insurance Commission (OIC), has issued Registrar's Order No. 51/2568 to increase the coverage limit for both compulsory and voluntary motor insurance to a maximum of THB20m ($620,000) per incident, in order to address major accidents without adjusting premiums....

Tanzania: Insurance regulator releases development strategy for the next 2 years

...regulations covering compulsory...

Malaysia: Rules for insurance adjusters updated

...Registration procedures and requirements on professionalism of insurance adjusters have been updated by the regulator Bank Negara Malaysia (BNM)....

Australia: Reinsurance is vital to provide resilience for insurers

...regulations currently limit credit to these potentially cheaper funding sources. Material adjustments to these regulations could help unlock access to these alternative capital sources, lea...

Regulator repeals 11 insurance rules to modernise oversight

Malaysia: Medical inflation challenges L&H insurers and takaful operators

...regulations...

Egypt: Insurers' federation forms committee to study governance rules

...regulations. This encompasses adherence to licensing and operating regulations, the implementation of data protection and p...

Thailand: Regulator partners with educational institutions to promote disciplined driving

...regulations and improving dangerous road crossings.” Said Ms Mayurin, “Road safety is not the responsibility of one individual, but a shared mission o...

Ghana: Traffic accident statistics show scale of road carnage

...regulations and increased public education to help curb the high number of road accidents across the country....

Saudi Arabia: Insurers told to ensure foreign reinsurance partners are registered on IA platform

...Regulations of the Cooperative Insurance Companies Control Law.”...

South Korea: Nearly three fourths of auto repair shops report unfair insurance cost reductions

...regulations for payment of interest on delayed payments guarantee of repair cost payment  ...

Australia: APRA publishes its corporate plan for 2025-26

...The Australian Prudential Regulation Authority (APRA) has published its latest Corporate Plan aimed at preserving the safety and stability of banks, insurers, superannuation trustees and the broader financial system....

UAE: Central bank assesses implications of climate risks on financial sector

...regulations, and market dynamics....

Thailand: Regulator conducts campaign in province to promote knowledge of insurance

...Thailand's Office of Insurance Commission (OIC) is conducting a campaign in Ratchaburi Province to promote knowledge of insurance and related fraud instances among small and medium-sized enterprises (SMEs) and the general public....

Macau: Amendments to the Insurance Intermediary Business Ordinance take effect

...In the Macau Special Administrative Region of the People's Republic of China, the development of the insurance market, increasing diversity of products and rising number of intermediaries has grown significantly....

Ghana: Authorities to introduce takaful and other Islamic finance regulations by end-2025

...Ghana will introduce its first comprehensive Islamic banking and finance regulations by the end of 2025, according to an advisor to the Bank of Ghana (BoG)....

UAE: Insurance market sees growth in key performance indicators in 2024

...regulations, including fitness and propriety standards for governance and updated rules for insurance brokers, covering licensing, reporting and supervisory requirements....

Kuwait: Regulator issues new rules on mandatory insurance policies

...regulations of the relevant authorities or restricting any person's right to claim....

Taiwan: Public can now opt out of NHI data use for research

...regulations must be amended to protect people’s information privacy guaranteed by Article 22 of the Constitution....

Australia: ASIC to review superannuation investment requirements

...regulations govern the calculation of fee-adjusted returns and encourage transparency and investment in our economy.” Mr Longo also said the review would al...

Thailand: OIC unveils fifth insurance development strategy to tackle modern risks

...regulations, and technology- to ensure transparency, fairness, and efficiency. The OIC aims for the fifth Insurance Development Plan to serve as a key mechanism for elevating...

India: No plans to curb bancassurance but regulations can become stricter

...India's central bank and the banking regulator Reserve Bank of India (RBI) has said that it does not envisage any ban or restrictions on bancassurance. According to a report in the financial daily livemint the RBI governor Mr Sanjay Malhotra has said the regulatory safeguards in this regard should, however, be strengthened....

Pension loans suspended ' Regulators warn as offshore insurance tourism heats up - Weekly industry regulatory updates

...regulations. Local governments are encouraged to use LTCI-designated institutions to provide care services for severely disabled individuals and to recognise qualified care facilities as de...

China's asset management industry surges past $20.55tn, insurance and mutual funds each exceed $4.11tn

...regulations in 2018. While regulation and transparency have improved, legacy practices such as “fund pooling” and “artificial NAV curves” persist among some players, highlight...

Saudi Arabia: Regulator proposes to cut health insurance red tape

...regulations, which is the form legally recognised for concluding the health insurance policy. ...

India: Insurance aggregator fined for regulatory lapses

...regulations. These include violations related to tagging of policies and premium remittance....

Vietnam: Life insurance sector shows recovery, growing by 2% in 1H

...regulations....

Kuwait: L&H insurers look to boost profitability

...regulations while considering the unique circumstances of expatriates.”...

Saudi Re posts strong 1H financial results with 53% revenue growth and 17% profit increase

...regulations.    ...

Cambodia: Regulator and insurers join hands to tackle challenges and promote growth

...The Cambodian insurance industry will soon initiate steps to achieve stronger regulations and sustainable growth for the industry....

Cambodia: Regulator hosts seminar to promote understanding of insurance-related frameworks

...regulations among both insurers and the public. As such, topics covered during the session included the sector’s legal framework, details of regulations in insurance as well as the mechanisms b...

Oman: First local TPA company launched

...regulations related to data protection, and conducts periodic reviews to ensure continued compliance....

Indonesia: All but one reinsurer has met 2026 minimum capital target

...regulations, by the end of 2026, the MCR for a conventional reinsurer is IDR500bn ($30.5m), while that for a retakaful company is IDR200bn.....

India: Insurance market set to double to US$300bn by 2030

...regulations or client demands. Insurance purchases are largely trust-driven: affluent clients rely on advisors, while mass market customers lean on friends and fami...

Vietnam: Government issues new decree regulating social, health and unemployment insurance funds

...The Government issued Decree No. 212/2025/ND-CP on July 25, 2025, outlining regulations for the investment of social insurance (SI), health insurance (HI), and unemployment insurance (UI) funds....

Tunisia: Regulators sign cooperation and info exchange pact

...regulations, particularly those related to the fight against money laundering, the financing of terrorism, and arms proliferation....

Thailand: Regulator moves forward with measures to protect consumers

...Thailand's regulator, the Office of the Insurance Commission (OIC), has announced that it will move forward with three measures to protect consumers of insurance, including expediting compensation, developing a complaint reduction process and upgrading the protection system for victims of car accidents. These measures aim to promote rights and equal access for all....

Indonesia: Regulator sets halal industry target for takaful sector

...regulations, and strengthen the capacity of industry players, including consumer education," Mr Ogi said....

Turkiye: Insurance association names 8 priorities for the next 5 years

...regulations in insurance legislation, to grant life insurance companies a certificate of authorisation for investment activities specifically for this product, and to increase life insurance premiums...

Somalia: Central Bank introduces licensing procedures for takaful operators

...regulations mark a major step forward in strengthening consumer protection, promoting sectoral stability, and building public confidence in takaful services across Somalia, said the press release....

Taiwan: Proposed amendment to Article 5 of Financial Supervisory Commission regulations

...Regulations Governing the Standards of the Calculation and Payment of Examination Charges and Annual Supervisory Fees and the Collection of Official Fees, in order to update the definition of substan...

Iraq: Elections of insurance association's office bearers strengthen regulation of insurance sector

...regulations, which stipulate the formation of the association and define its objectives and tasks....

Pakistan: Regulator opens first comprehensive gender equality framework for consultation

...The Securities and Exchange Commission of Pakistan (SECP), Pakistan's regulator, has issued the Draft Women EquiSmart Policy 2025 - 2028, and the framework is available on its website for public consultation....

Thailand: Regulator works to drive insurance industry to a sustainable future

...At the 2025 annual meeting, the Office of the Insurance Commission (OIC), Thailand's insurance regulator, discussed with senior insurance company executives on how it could drive the country's insurance industry towards stability, sustainability, modernity and alignment in the context of the rapidly changing economic and social environment....

Hong Kong: Insurance regulator joins in launch of anti-scam consumer protection charter

...(From left) Mr Cheng Yan-chee, Ms Julia Leung, Mr Eddie Yue, Mr Clement Cheung and Mr Chaucer Leung...

Australia: Digital consent uptake soars as ASIC rules tighten

...regulations mandate that Australian Financial Services (AFS) licensees and their representatives secure a client’s informed consent—either in writing or as a documented record of verbal c...