The Annuity Working Group (AWG), formed by the Securities and Exchange Commission of Pakistan (SECP), has proposed the development of a regulatory framework to guide pension fund managers in dealings with fund participants at retirement age.
The Securities and Exchange Commission of Pakistan (SECP) has released a report by its Annuity Working Group (AWG) that highlights key gaps in the current retirement landscape and proposes measures to broaden access to lifetime income solutions and strengthen Pakistan's retirement income framework.
Regulations cost the Australian insurance customers up to A$3.5bn ($2.3bn) each year and this has a major impact on productivity, according to a new report by the Insurance Council of Australia (ICA).
These are the updates on insurance regulatory developments in China.
Vietnam has tightened measures against organisations that delay or evade compulsory payments to social insurance (SI) and unemployment insurance (UI) funds. Under Decree No. 274/2025/NÐ-CP, organisations that fail to pay on time will be required to pay an additional 0.03% per day on the overdue amount, calculated based on the unpaid contribution and the number of delayed days.
Four main themes will be discussed at the Global Insurance Conference & Exhibition ingate, set to be held in Riyadh on 10-12 November.
Bank Negara Malaysia policy document on the broader application of ta`awun (mutual assistance) in takaful by the end of this year,
The Insurance Regulatory and Development Authority of India (IRDAI) has issued new guidelines establishing a comprehensive regulatory framework to help insurers and distribution channels identify, prevent, and manage fraud-related risks.
The 21st Singapore International Reinsurance Conference (SIRC) opened with a strong message of resilience, collaboration and future-readiness as the global reinsurance community gathered in Singapore in record numbers.
The National Insurance Commission (NAICOM) and the Federal Road Safety Corps (FRSC) have inaugurated a Joint Committee on the Enforcement of Compulsory Third-Party Motor Insurance.