China's NEV insurance market has continued its strong growth momentum this year, with commercial NEV insurance premiums surpassing CNY108.79bn ($15.2bn) in the first three quarters of 2025, according to local media reports.
These are the updates on insurance regulatory developments in China.
The Algerian insurance market recorded a significant increase of 8.1% in revenue in the first half of 2025, reaching DZD99.3bn ($767.0m), including international acceptances, according to data from the National Insurance Council (CNA).
Morocco's Minister of Justice, Mr Abdellatif Ouahbi, has presented before the Justice and Legislation Committee of the House of Representatives a Bill relating to insurance compensation for victims of accidents caused by land vehicles.
Many electric vehicle (EV) owners are opting for third-party insurance, which is cheaper than comprehensive insurance, to avoid higher premiums.
Hong Kong insurers are preparing to roll out short-term insurance products in support of the upcoming "Guangdong Cars Go South" scheme, which is expected to launch as early as November, according to reports by China Banking and Insurance News.
The chairman of the Supreme Committee for Insurance Regulation, Mr Muhammad Al-Otaibi, has announced the cancellation of a unified system for compulsory vehicle insurance policies following a court ruling on an appeal.
The Ministry of Commerce has warned retailers, car dealerships, and all entities against offering "extended warranty" products without obtaining a licence from the Insurance Authority.
The supply problem in compulsory motor third-party liability insurance, also called traffic insurance, has been largely overcome, according to Mr Ahmet Yasar, president of Maher Holding Insurance Group.
Sri Lanka Insurance Corporation General has launched a national campaign aimed at school transport drivers across the country.