With fuel prices expected to rise due to the war in Iran, Aussie motorists driving less in 2026 could save hundreds by updating one key detail on their car insurance policy, according to new research from Compare the Market, an online comparison platform.
The average motor insurance premium in China in 2025 among 60 insurance companies was CNY2,215.77 ($321.24), while the median premium was CNY1,716.04, indicating the divergence among vehicle insurers.
Alongside the growth of new energy vehicles (NEVs) in China is a move by the automobile industry towards intelligent vehicles.
High insurance premiums have become a burden for ride-hailing drivers, with some drivers' insurance expenses accounting for more than a quarter of their net income, or even higher, according to research by Tianneng Group, which is focussed on the manufacturing and services of batteries for light electric vehicles.
The Insurance Regulatory Commission of Sri Lanka (IRCSL) has unveiled the Centralised Insurance Data Repository. Done in collaboration with the Credit Information Bureau of Sri Lanka (CRIB), the initiative was conceptualised under the leadership and guidance of IRCSL Chairman Dr Ajith De Mel.
Last year, major domestic non-life insurers saw their net profits drop by double digits, driven by a KRW400bn ($278m) deficit in auto insurance.
The Competition Commission has recommended that the Competition Tribunal approve the proposed acquisition by Orient Victoria and KP Partners of King Price Financial Services (KPFS) and Porcupine Union, without conditions.
The Association of Kenya Insurers (AKI) has intensified enforcement operations targeting fraudulent motor insurance certificates, working with the Traffic Police Department, the Insurance Regulatory Authority (IRA) and the Insurance Fraud Investigation Unit.
The Insurance Council of Australia (ICA) has backed draft laws that would give regulators new powers to crack down on unfair trading practices. It also wants strong enforcement once the legislation is passed.
Cambodia's insurance regulator, the Insurance Regulator of Cambodia (IRC), has called for greater enforcement and public awareness of compulsory insurance.