...According to local media, as of February 5, ten Chinese property insurance companies, including Asia-Pacific P&C Insurance, Qianhai Property Insurance, Hua'an Insurance, Bohai Property Insurance, Anhua Agricultural Insurance, and Dubon Insurance, have suspended new online insurance business....
Source : eCin | 14 Feb 2025...regulations and frameworks, and the governance of data and AI models to limit negative implications.
UAE
For instance,...
Source : MiddleEast | 13 Feb 2025...regulations and requirements including but not limited to the establishment of national reinsurer(s).
Intend to collaborate by providing mutual assistance and excha...
Source : eDaily | 13 Feb 2025...regulations will apply to all entities engaged in insurance, reinsurance, takaful insurance, specialised medical insurance, microinsurance, and any other specialised insurance activities as defined b...
Source : MiddleEast | 12 Feb 2025...regulations on referral of patients between medical facilities. These improvements include the following.
Full coverage within the entitlement limits for emergency treatments at any...
Source : eDaily | 10 Feb 2025...regulations explicitly prohibit the following practices:
Altering or indirectly modifying policy terms and pricing without prior regulatory approval....
Source : eCin | 07 Feb 2025...The Actuaries Institute has identified key priorities to strengthen economic resilience and social equity, calling out five key areas for the federal government to consider in its 2025-2026 Budget....
Source : eDaily | 07 Feb 2025...regulations from the Central Bank of the UAE (CBUAE), brokers were allowed to collect general insurance premiums, excluding marine, before remitting them to insurers, the article stated....
Source : MiddleEast | 06 Feb 2025...regulations of the new Unified Insurance Law, the FRA issued decision no. 196 of 2024 setting the minimum capital required for companies operating in the insurance sector. The decision mandates life...
Source : MiddleEast | 03 Feb 2025...regulations issued to promote digital transformation, attracting 260 global FinTech firms and opening new markets to 180m new customers.
On leg...
Source : MiddleEast | 03 Feb 2025...regulations and expanding the scope of insurance coverage. The commission also intends to increase the amount of protection for people purchasing SAWLI and develop additional online insurance platfor...
Source : eDaily | 31 Jan 2025...regulations and systems. The Ministry has said that this transition would not compromise the quality of care provided to employees.
The Ministry of Finance has also called for amendments to...
Source : MiddleEast | 28 Jan 2025...regulations. The collection service will be available at all Al Ansari Exchange branches across the UAE, as well as through website. Contributors can trust that their payments are handled securely an...
Source : MiddleEast | 27 Jan 2025...regulations and policies have supported the development of the sector, making Comprehensive and TPL insurance integral to everyday life in the Kingdom.
Wataniya CEO Haitham Albakree said, &...
Source : MiddleEast | 23 Jan 2025...regulations and the exchange of information and data, particularly in combating fraud and violations associated with unlicensed insurance activities and supporting services....
Source : MiddleEast | 22 Jan 2025...regulations. Insurers face declining margins, with inflation and extreme weather affecting claims. Changing consumer expectations and competition from startups are forcing established firms to innova...
Source : eDaily | 22 Jan 2025...Regulations.” The regulations encourage the development of commercial health insurance, emphasizing its role as a supplementary safeguard.
Expenditures on eligible commercial health i...
Source : eCin | 17 Jan 2025...regulations.
The report also identifies growth opportunities for (re)insurers in areas such as political risk and renewable energy insurance.
The Geneva Association’s report...
Source : eDaily | 16 Jan 2025...regulations that contribute to expanding the base of insureds, in addition to creating new advanced products and coverages that meet the emerging needs of the business sector and various individuals....
Source : MiddleEast | 15 Jan 2025...The Public Investment Fund (PIF) announced yesterday that it has acquired a 23.08% stake in Saudi Reinsurance Company (Saudi Re) by way of a capital increase and subscription to new shares, with the suspension of preemptive rights in accordance with Capital Market Authority regulations, the Fund said in a statement....
Source : MiddleEast | 14 Jan 2025...regulations till March 2024.
According to a press release by IRDAI these changes align with the authority’s broader move towards a modern, dynamic and principle-based efficient regula...
Source : eDaily | 13 Jan 2025...regulations, and contractual terms. Without concrete evidence or leads, insurers are prohibited from using alleged fraud as a pretext to delay or unjustly deny claims.
The Anti-Insu...
Source : eCin | 10 Jan 2025...regulations lack higher-level legal support and fail to meet the requirements for advancing China’s agricultural modernization. Key areas, such as policy frameworks, institutional structures, p...
Source : eCin | 10 Jan 2025...regulations have tightened, the industry’s focus has shifted from blind expansion to prioritizing cost control and operational efficiency. Insurers have moved away from indiscriminately opening...
Source : eCin | 10 Jan 2025...regulations. The local health authorities have also been asked to organise similar outreach activities in their respective areas.
The NHSA has called for strict a...
Source : eDaily | 06 Jan 2025...regulations, following a thorough analysis of the financial challenges facing insurers writing this line of business.
Insurers in Jordan have often voiced deep concerns regarding the MTPL l...
Source : MiddleEast | 05 Jan 2025...Regulations with Company Law. The notice allows financial institutions to replace supervisory boards with audit committees composed of board members, provided this is stipulated in the instituti...
Source : eCin | 03 Jan 2025...regulations allowed insurance companies whose comprehensive solvency adequacy ratios were affected by the transition from the old to the new rules to adopt transitional policies under a "one com...
Source : eCin | 03 Jan 2025...regulations be finalised 18 months before coming into effect to give sufficient time to implement the new levy.
The minister said she is happy that the Government has approved the regulatio...
Source : eDaily | 03 Jan 2025...Nepal Insurance Authority (NIA) plans to tighten the procedure for purchase and construction of real estate for office purposes by insurance companies. The Authority recently released the draft regulation 'Insurance Company's Fixed Asset Purchase Directive, 2081 BS for public feedback and suggestions....
Source : eDaily | 02 Jan 2025...regulations’ and ‘customer-oriented business operations’, but also to develop a sound competitive environment and establish robust underwriting management systems....
Source : eDaily | 23 Dec 2024...regulations are titled "Notice on Standardisation of Insurance Industry Regulatory Data (Life Insurance Companies 2024 Edition)". They replace a 2020 set of regulations issued by the then C...
Source : eCin | 20 Dec 2024...regulations. Local governments are encouraged to introduce insurance plans to provide risk protection for the prepayment of fees by the elderly....
Source : eCin | 20 Dec 2024...regulations, with transition periods adapted to the least developed countries and technical support....
Source : Africa | 18 Dec 2024...regulations, anti-moneylaundering, countering the financing of terrorism and potential discrepancies in international macroeconomic data....
Source : eDaily | 18 Dec 2024...regulations to limit the degree of dependence of life insurance companies on their parent banks for business sources through bank channels....
Source : eDaily | 18 Dec 2024...regulations....
Source : eDaily | 18 Dec 2024...regulations, in December, will affect the operations of insurance companies....
Source : eDaily | 18 Dec 2024...regulations related to the utmost good faith princ...
Source : eDaily | 17 Dec 2024...The government's move to introduce composite insurance licences by amending the Insurance Act is likely to put public-sector insurers at a disadvantage vis-a-vis their private sector counterparts as only the latter will be eligible for these licences under the proposed amendment....
Source : eDaily | 17 Dec 2024...regulations to address the transboundary challenges posed by climate change....
Source : MiddleEast | 16 Dec 2024...An Insurance Tribunal has directed the Securities and Exchange Commission of Pakistan (SECP) to ensure that insurance companies make available and maintain universal-access telephone numbers and websites to answer policyholders' questions....
Source : eDaily | 16 Dec 2024...regulations and market demand....
Source : eCin | 13 Dec 2024...regulations...
Source : eCin | 13 Dec 2024...regulations....
Source : MiddleEast | 12 Dec 2024...The Financial Supervisory Commission (FSC), Taiwan's financial regulator, has reiterated that the risk coefficient applicable to the insurance industry's 100% investment in public infrastructure through domestic venture capital firms will be reduced....
Source : eDaily | 12 Dec 2024...regulations...
Source : eDaily | 12 Dec 2024...regulations are to apply to all cars in 2026. The aim is to promote safe driving and reduce motor accidents....
Source : eDaily | 10 Dec 2024...regulations that came into effect on 5 December....
Source : MiddleEast | 09 Dec 2024...The IRDAI and the Finance Ministry's Financial Services Department have voiced support for a proposal to cut GST on insurance premiums....
Source : eDaily | 09 Dec 2024