The Egyptian Financial Regulatory Authority (FRA) has issued a resolution, amending some provisions of a 2024 regulation, regarding the controls for granting and maintaining licences for companies operating in non-banking financial activities, including insurance.
The takaful sector experienced steady growth during 2025, with global takaful assets expanding at an estimated rate of 15-17% annually, according to Mr Zubair Mughal, an expert in Islamic banking and finance.
The Financial Services Authority (OJK) has issued a regulation concerning the implementation of risk management for insurance companies, guarantee institutions and pension funds. The regulation entered into effect on 1 January 2026. The message conveyed by the new regulation is that growth must be accompanied by risk discipline.
The National Insurance Commission (NAICOM) has ruled out any extension of the deadline for the recapitalisation of insurance companies.
The Financial Supervisory Commission (FSC) has proposed amendments to regulations to better reflect the long-term operational realities of the life insurance industry. The goal is to reduce the volatility and high costs associated with foreign exchange (FX) hedging. The FSC is seeking feedback on the suggested changes.
The Insurance Development and Regulatory Authority (IDRA) has amended its rules for the appointment of insurance CEOs, easing eligibility criteria.
The Insurance Development and Regulatory Authority (IDRA) has issued, for the first time, regulations governing the duties, responsibilities, professional conduct, and accountability of insurance surveyors and loss assessors involved in non-life insurance claims in Bangladesh.
Indonesia Re has assessed that the rising claims trend in Indonesia, particularly due to climate change, will impact future reinsurance treaty structures, including pricing, retention and capacity, according to Indonesia Re's Director of Technical Operations Delil Khairat.
The Office of Insurance Commission (OIC) is moving forward on a project to develop a strategic plan for voluntary health insurance, according to a statement released by the regulator.
The Law amending the Insurance Business Law takes effect today, focusing on administrative procedure reform and expanding the scope of business for insurers.