The Securities & Exchange Commission of Pakistan (SECP) has issued guidelines for investors dealing in Shariah-compliant investments through the Pakistan Stock Exchange (PSX).
The Egyptian insurance sector has presented a list of priorities to Dr Mohamed Farid, who was appointed on 7 April as acting chairman of the Financial Regulatory Authority (FRA) for a term of one year.
More than 60 entities regulated by the Australian Prudential Regulation Authority (APRA) are generally aligning well to the regulator's guidance on managing the financial risks and opportunities that may arise from a changing climate, especially in the areas of governance and disclosure.
Insurance companies in Taiwan reported a pre-tax profit of NT$166.9bn ($5.6bn) for the first six months of this year, with life insurers performing better than non-life companies.
The Saudi General Insurance Committee has announced that the sixth Saudi Insurance Symposium -- with an expected turnout of more than 1,000 Saudi, GCC and Middle Eastern insurance professionals, experts, and companies -- will take place from Wednesday 28 to Thursday 29 September 2022.
The implementation of insurance reform in Lebanon, such as the move to a risk-based solvency framework and new governance guidelines, which have been in the pipeline for a few years, remains stagnant despite significant pressure from key industry stakeholders, such as the Insurance Control Commission (ICC), says AM Best.
The Securities and Exchange Commission of Pakistan (SECP) has stipulated types of investments for unit-linked funds of the insurance sector, including government securities and sukuk.
Egypt's first set of locally-based actuarial life tables will be implemented starting in October 2022, according to the decision issued by the Financial Regulatory Authority, announced Mr Hesham Ramadan, assistant to the FRA chairman.
The National Insurance Commission (NIC) is developing a number of initiatives to support market development and improve the financial resilience of insurers, according to the Deputy Commissioner of Insurance, Mr Michael Andoh.
The National Insurance Commission (NAICOM) is working to release a new guideline to compel ministries, departments and agencies (MDAs) of the federal government to adopt insurance cover for state-owned assets.