On September 5, the National Financial Regulatory Administration released the 2024 results of the compulsory motor vehicle traffic accident liability insurance (compulsory motor insurance).
There is a need for increased driver awareness on Australia's roads, especially between dawn and dusk, because of the risk of wildlife collisions.
Affordability of transport in Australia improved every quarter over the 2024-2025 financial year, according to the Australian Automobile Association's (AAA) Transport Affordability Index. It was the first time that affordability improved in four consecutive quarters since 2020.
The insurance sector in Cote d'Ivoire is at a turning point, conducive to consolidating efforts already underway to collectively improve service quality, according to the president of the Association of Insurance Companies of Cote d'Ivoire (ASACI), Mr Mamadou GK Kone.
All insurance companies that offer mandatory motor third-party liability (MTPL) insurance reported losses in the branch in the first half of this year, according to data from the Insurance Association of Turkiye (TSB).
The Iraq Insurance Diwan (IID), the insurance industry regulator, is working on improving the motor insurance system.
The Minister of Justice, Mr Abdellatif Ouahbi, has outlined several reforms to Morocco's motor accident insurance compensation system, aimed at modernising and enhancing protection for accident victims.
Saudi Arabia's motor insurance sector is facing potential losses of up to SAR1bn ($266.5m) this year, according to a new report by Badri Management Consultancy, an international actuarial and risk advisory firm.
The Indonesian General Insurance Association (AAUI) has asked the public to immediately report to their insurers the riot, strike and malicious damage (RSMD) losses for riot insurance claims, if they have been affected by the recent demonstrations in the country.
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.