The Dubai Health Authority (DHA) has released its "2024 Health Accounts System of Dubai" (HASD) report , which reflects the continued development of Dubai's health insurance system and its role in supporting the economy and enhancing quality of life.
Finance Minister Nirmala Sitharaman yesterday delivered the Union Budget for the fiscal year beginning on 1 April which contains several proposed measures that will have an impact on the insurance sector.
India's Union Minister for Finance and Corporate Affairs, Mrs Nirmala Sitharaman, yesterday presented the Union Budget for the financial year 2026-2027 in Parliament. Reacting to Mrs Sitharaman's nearly 90-minute-long Budget speech, the Indian insurance industry describes it as one that lays out the government's economic roadmap anchored in growth, investment and fiscal stability.
The Insurance and Social Security Supervisory Authority (ACAPS) of Morocco and the Banking and Financial Supervisory Commission (CSBF) of Madagascar have signed a cooperation agreement, according to a media statement released by ACAPS.
Government policy guidance on agricultural insurance now emphasises a shift toward risk management, cost control, and service optimisation, with high-quality development becoming the industry's goal.
The Philippine Competition Commission (PCC) has greenlighted the merger of two prominent non-life insurers, FPG Insurance and The Mercantile Insurance Company. The competition regulator said in a statement that it had found the transaction would not affect competition in the local non-life insurance market.
The Australian Prudential Regulation Authority (APRA) has advised that current Executive Director (ED), General Insurance and Banking (GIB), Ms Jane Magill, has been appointed ED, Life Insurance, Private Health Insurance and Superannuation (LPHIS), effective 16 February.
Proposed new core capital ratio requirements in South Korea will enhance the quality of insurers' capital and sector resilience, but insurers could face challenges in optimising capital structures depending on the costs of capital strengthening, Fitch Ratings says.
The Central Bank of Somalia (CBS) has issued the first-ever licences to provide Islamic insurance services in the country.
Malaysia will launch a voluntary base medical and health insurance/takaful (MHIT) plan, expected to provide standardised, affordable, and value-based private healthcare coverage.