At a session for the Securities and Exchange Commission of Pakistan (SECP) Talk Series on 'Inclusive Insurance: Global Insights', it was mentioned that Pakistan has significant potential to expand inclusive insurance coverage.
The Insurance Brokers Association of India (IBAI), the apex body of India's 798 licensed insurance brokers, has expressed serious concern over the consultation paper on 'Reforms for Recalibrating Economics of Insurance Distribution', released by the country's insurance regulator, the Insurance Regulatory and Development Authority of India (IRDAI) on 23 September 2026.
Turaco, a micro-insurance provider in Africa, has received an investment from Inclusive Insurance Investment Fund (3IF Ventures). This represents the venture capital fund's first investment, the details of which have not been disclosed.
South Korea's life and non-life insurance industry has pledged KRW100m ($72,000) to support recovery efforts following heavy flooding in the southern cities of Geoje and Tongyeong.
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.