Local insurers and regulatory authorities are holding discussions on drivers of foreign-licensed cars engaging in insurance evasion when they cross over to Kuwait.
The Tanzania Insurance Regulatory Authority (TIRA) will soon introduce new regulations that will allow it to suspend an insurer that undercuts premium rates, in its bid to ensure the market's sustainability.
Kaf Life Insurance has become the first Egyptian insurance company to transform from takaful to conventional insurance operations, the insurer says in a statement.
The Financial Services Authority (OJK) continues to strengthen the insurance industry by ensuring that industry players are ready to implement the Statement of Financial Accountant Standards (PSAK) 74 concerning Insurance Contracts starting 1 January 2025.
Only 12% of residential properties and other real estate of Algerians are insured against natural disasters such as earthquakes, floods and storms, according to the president of the Algerian Union of Insurance and Reinsurance Companies (UAR), Benmicia Youcef.
Dr Islam Azzam, vice chairman of the Financial Regulatory Authority (FRA), has said that the draft comprehensive insurance law is scheduled to be discussed in the plenary session of the House of Representatives within two months.
China is eyeing a "progressive, flexible and differentiated path to raising the retirement age", a senior expert from China's Ministry of Human Resources has said.
The Financial Regulatory Authority (FRA) intends to approve the issuance of title insurance policies soon, the FRA chairman, Dr Mohamed Farid, has announced.
The government should abolish the current fee system at government health institutions and replace it with a national health insurance scheme for a more sustainable solution to healthcare financing, proposes a think tank.
The Financial Regulatory Authority (FRA) has released rules governing insurance companies commissioning investment companies to manage their investment portfolios. The goal is to help insurers earn more attractive investment returns.