The Philippines' House of Representatives has approved a bill seeking to expand agricultural insurance coverage to farmers and fisherfolk facing losses from natural disasters, diseases and other risks.
The Government Service Insurance System (GSIS), a state-run social insurance institution in the Philippines, has released PHP27.29bn ($443.7m) in microloans to 463,608 active government employees under its Ginhawa lending programme.
Taiwan's insurance sector supervision will focus on three key areas, following the implementation this year of a new generation of solvency regulations that successfully align with IFRS 17, according to the Vice Chairman of the Financial Supervisory Commission (FSC), Dr Chen Yen-liang.
Commercial insurance rates across Asia declined by 5% in the second quarter of 2026, with cyber insurance recording the sharpest fall as insurer capacity and competition continued to increase across the region, according to Marsh's latest Global Insurance Market Index.
Many African countries are developing regulatory frameworks for microinsurance by simplifying licensing procedures and introducing initiatives that encourage insurers and InsurTechs to create solutions in this branch of business, according to the Insurers Federation of Egypt (IFE) in a bulletin.
Insurance and reinsurance companies operating in the 14 member states of the Inter-African Conference of Insurance Markets (CIMA) will have to meet stricter financial requirements before distributing dividends to their shareholders.
South Korea's Ministry of Oceans and Fisheries has launched a digital claims system for fisheries policy insurance, fully transitioning the claims process for fishermen's disaster compensation insurance online.
The success of microinsurance depends on three main pillars, which are the development of innovative business models based on digital technology, such as mobile payments and parametric insurance, flexible regulatory frameworks and the strengthening of partnerships among governments, the private sector and international organisations.
The engineering insurance segment is expected to remain under pressure through 2026, with its performance continuing to be shaped by conditions in the construction and infrastructure sectors.
The Federation of African National Insurance Companies (FANAF) has adopted the Pan-African Pact for Insurance Inclusion, which includes the "Cotonou Appeal" which is a call for collaboration by stakeholders to promote access to insurance to those currently excluded from any coverage. The Pact also includes 23 resolutions for transforming insurance on the continent.