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.
The Financial Services Commission (FSC) has announced that an update has been made to the standard information consent form in the insurance industry on 2 January 2026 to promote retrocession contracts. This update will help insurers spread risk and enhance stability in claims payouts for policyholders.
The Insurance and Pensions Commission (IPEC) has voiced its concerns over a notable trend in Zimbabwe's life insurance industry, which is shifting from traditional long-term products towards predominantly renewable annual policies.
AXA Hong Kong and Macau have announced plans to re-domicile AXA China Region Insurance Company (Bermuda) (ACRIB) from Bermuda to Hong Kong, under the corporate re-domiciliation regime introduced by the Hong Kong government, subject to regulatory approval.