The East African insurance sector has demonstrated resilience and steady growth, driven by economic expansion, rising financial literacy and accelerated digital transformation. Regulatory reforms have also strengthened market stability and consumer confidence, according to a report by the global professional services firm Deloitte.
Life Insurance Corporation of India (LIC) has introduced two new insurance products aimed at providing life cover along with financial flexibility: Protection Plus (Plan 886) and LIC's Bima Kavach (Plan 887). These plans cater to different needs of policyholders, from savings to pure risk protection.
Taiwan's National Health Insurance Administration (NHIA) has decided to cover an expensive but effective gene therapy for a rare disease aromatic L-amino acid decarboxylase (AADC) deficiency.
Health insurance in China has seen deep transformation and accelerated innovation, driven by policy support, upgrading consumer demand, and technology adoption, since 2024, according to the "China Insurance Industry Competitiveness Research Report (2025)".
State-run insurer Life Insurance Corporation (LIC) of India has announced the appointment of Mr Ramakrishnan Chander as Managing Director.
Algerian Gulf Life Insurance Company (AGLIC) has announced the appointment of Mr Samy Touhouche as CEO.
FWD Life Insurance has introduced four online insurance plans with special benefits for year-end tax planning.
The Insurance Regulatory and Development Authority of India (IRDAI) has held a discussion centred on strengthening policyholder protection, improving grievance redressal standards and addressing operational challenges faced by the insurance sector.
The life insurance market in Egypt is undergoing a noticeable shift in customer preferences, with rising demand for investment-linked products over traditional policies that have been heavily impacted by decades of high inflation, according to the Insurers Federation of Egypt (IFE).
The traditional family-based care practice is no longer sustainable, indicated the Deputy Secretary-General of the Insurance Association of Turkiye (TSB) Senol S Senturk.