The National Police Agency will carry out a nationwide special enforcement campaign targeting insurance fraud and illegal medical institutions for nine months, from 2 February to 31 October. The campaign involves intensified and coordinated investigations.
Finance Minister Nirmala Sitharaman yesterday delivered the Union Budget for the fiscal year beginning on 1 April which contains several proposed measures that will have an impact on the insurance sector.
New Zealanders strongly support proactive efforts to reduce the risks from climate related events like flooding, landslips and sea level rise and keep communities safe, according to a new survey commissioned by the Insurance Council of New Zealand (ICNZ).
China has set up its first university for risk management and emergency management education. The new institution will promote and encourage emergency management education and training.
Thailand and the Lao People's Democratic Republic (Laos) will collaborate on developing a sustainable and accessible health insurance ecosystem, framing guidelines for the supervision of insurance for electric vehicles (EVs) and promoting electronic insurance policies (e-policies).
Proposed new core capital ratio requirements in South Korea will enhance the quality of insurers' capital and sector resilience, but insurers could face challenges in optimising capital structures depending on the costs of capital strengthening, Fitch Ratings says.
Meiji Yasuda Life Insurance has identified 39 cases of inappropriate information removal involving employees seconded to banks and other institutions across four agencies.
Ghana is moving from reactive disaster response to planned, predictable, and people-centred climate resilience, with the recent release of a sub-sovereign flood risk insurance product for the Greater Accra Metropolitan Area (GAMA).
Insurance executives plan to increase spending on AI in 2026 despite facing critical skills shortages that threaten their ability to scale the technology, according to a new report by Accenture, a global professional services company.
Aon has appointed Mr Neelay Patel as CEO of Malaysia, effective March 2026 and subject to regulatory processes.