There are a number of key issues arising from the impending increase in the Value-Added Tax (VAT) rate that will affect the majority of non-life policyholders, said the South African Insurance Association (SAIA) in a statement.
The Financial Services Authority (FSA) has launched the National Health Insurance Platform (Dhamani), a digital channel to regulate the Omani health insurance market and facilitate operations in the market.
According to the revised law on health insurance, from 1 July 2025, patients will be paid 100% of the benefits when having an initial health check-up nationwide, regardless of administrative boundaries by province.
Office of the Insurance Commission (OIC) deputy secretary-general for legal affairs and inspection Adisorn Pipatvorapong held an online meeting with private insurance industry organisations to explore ways to expedite inspections and provide official documentation of liability to affected individuals.
Securities and Exchange Commission of Pakistan (SECP) commissioner Mujtaba Ahmad Lodhi along with officials from the Insurance Division and senior representatives of the insurance industry, attended a meeting chaired by Sindh Minister for Excise, Taxation and Narcotics Control Mukesh Kumar Chawla.
Starting in May, the coverage of non-life insurance companies' caregiver health insurance is expected to be significantly reduced.
The National Insurance Commission (NAICOM) has said that technology must be used to deepen rural insurance penetration across Nigeria.
Family members back home of foreign workers employed in Japan will be provided health insurance covers by the employer company.
China's new mandatory national safety standards for electric vehicle (EV) batteries will take effect on 1 July 2026, these will be the world's strictest EV battery standards.
On April 11, National Financial Regulatory Administration (NFRA) issued a notice to enhance insurance group consolidation supervision, aiming to ensure the steady operation of insurance groups and effectively prevent financial risks. The NFRA has revised the "Guidelines for Insurance Group Consolidation Supervision" previously issued by the former Insurance Regulatory Commission and released the 'Measures for the Supervision and Management of Insurance Group Consolidation'.