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Regulation tag returned 4976 results

  • IAIS releases final version of its application paper on the supervision of AI

    As the adoption of artificial intelligence (AI) systems accelerates globally, the International Association of Insurance Supervisors (IAIS) released on 2 July the final version of an application paper on supervision in this field to support the insurance industry. The association says in the paper that no new standards are proposed at this stage.

    AIRPlus | 03 Jul 2025
  • Cambodia: Regulator emphasises commitment to upholding trust and transparency

    At a public outreach seminar conducted in Takeo province, titled 'Procedures for Receiving and Resolving Insurance Complaints', Insurance Regulator of Cambodia (IRC) director general Bou Chanphirou highlighted the growth and strengthening of Cambodia's insurance sector, according to news platform the Khmer Times.

    Asia | 03 Jul 2025
  • Thailand: Regulator looks to protect consumer rights sustainably

    At the 2025 Arbitration Seminar at Centara Grand Central Plaza Ladprao, Bangkok, Office of Insurance Commission secretary-general Chuchat Pramulphon emphasised that alternative dispute resolution by arbitration is an important mechanism to protect the rights of insured persons without having to bring a case to court. This helps in quick, economic and appropriate dispute resolution in the context of insurance contracts.

    Asia | 03 Jul 2025
  • Ghana: 15% VAT on non-life insurance premiums started on 1 July

    The Ghana Revenue Authority (GRA) has implemented a 15% Value Added Tax (VAT) on non-life insurance premiums, starting on 1 July 2025.

    Africa | 02 Jul 2025
  • Morocco: Insurance sector on a roll propelled by modernisation initiatives

    The Moroccan insurance sector is entering the second half of 2025 with very favourable momentum, despite the significant disruptions affecting the global economy, according to the Moroccan Insurance Federation (FMA).

    Middle East | 02 Jul 2025
  • Saudi Re to continue to reinsure IDI business for the next 3 years

    Saudi Reinsurance Company (Saudi Re) has signed a contract with The Company for Cooperative Insurance (Tawuniya), to reinsure the compulsory Inherent Defects Insurance (IDI) pool.

    Middle East | 01 Jul 2025
  • IAIS assesses as good Oman's observance of Insurance Core Principles

    Oman's insurance regulatory and supervisory framework is assessed as having a good level of observance of the Insurance Core Principles (ICPs). A majority of the ICPs are assessed as either 'Observed' or 'Largely Observed', said the International Association of Insurance Supervisors (IAIS).

    Middle East | 30 Jun 2025
  • Regulators move to curb excessive dividend promises in life insurance sector

    Chinese regulators are tightening oversight of the participating life insurance market, warning insurers against arbitrarily inflating dividend levels in what has been described as 'involution-style' competition(also known as 'neijuan' in Chinese).

    China | 27 Jun 2025
  • NFRA: China reinsurance market underdeveloped relative to primary insurance

    Speaking at the Lujiazui Forum on June 19, National Financial Regulatory Administration (NFRA) Property Insurance Department director-general Yin Jiang'ao said that China's reinsurance sector remains underdeveloped relative to the size of its primary insurance market.

    China | 27 Jun 2025
  • Weekly industry regulatory updates

    These are the updates on insurance regulatory developments in China.

    China | 27 Jun 2025


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