South Korea's Employment Insurance Fund recorded its highest spending level since the height of the COVID-19 pandemic, with expenditures exceeding KRW20tn ($13.3bn) in 2025 amid rising unemployment benefit payments and enhanced childcare leave support.
Companies in China are ramping up investment in AI but are simultaneously grappling with increasing risks around vendor dependence, intellectual property exposure and cybersecurity, according to a new survey by global law firm DLA Piper.
Treasury Cabinet Secretary John Mbadi has announced that the Government has initiated amendments to the Insurance Act to establish agricultural insurance as a standalone class of insurance business.
The Abu Dhabi Civil Defence Authority (ADCDA) has warned that modern furniture pieces, such as sofas and smart tables equipped with electrical charging units, are becoming major causes of house fires due to manufacturing defects and misuse.
The Senate's Commission for Research, Science, Technology and the Environment (CRSTE) has approved a draft Bill to amend the Construction and Building Code. The draft was presented by the Minister of Urban Planning, Housing and Living Environment, Mr Moussa Sanogo.
The Fidelis Partnership (TFP) has appointed Mr Alex Rossiter and Mr Greg Bowman to senior roles.
Shareholders of non-life insurer Assurances Maghrebia have given the green light to raising the company's capital by TND10m ($3.4m).
The Saudi Capital Market Authority has approved an application from The Company for Cooperative Insurance (Tawuniya) to increase its capital to SAR2.25bn ($599m) from SAR1.5bn, a 50% rise.
Investments by Chinese companies in large-scale overseas infrastructure, particularly in ports, power grids and cross-border logistics, are increasingly exposed to national security scrutiny, says Moody's Ratings.
A risk-based insurance grading system for new energy vehicles (NEVs) is being established in China. This system will classify NEVs based on indicators such as safety, repair economy, and parts-to-vehicle ratio, with different base premiums applicable to different vehicle grades.