The Board of Directors of the Financial Regulatory Authority (FRA) has issued a decision to abolish the requirement that obligates insurance and reinsurance brokerage firms to open at least two branches within three years of launching operations as a licensing prerequisite.
China has set in motion an exercise to overhaul the country's insurance law and also strengthen the insurance regulations. The National Financial Regulatory Administration (NFRA) released a draft revision of the country's Insurance Law for public consultation on 4 September 2026.
The National Insurance Commission (NAICOM) has released a five-year reform programme to lift Nigeria's insurance penetration and expand coverage to 25m Nigerians.
The Insurance Authority has signed a cooperation agreement with HUMAIN, which specialises in delivering integrated artificial intelligence capabilities globally.
China's foreign exchange regulator, the State Administration of Foreign Exchange (SAFE), has released the second batch of Qualified Domestic Institutional Investor (QDII) quotas this year, with insurance companies and insurance asset managers among the key beneficiaries.
The Ministry of Finance and National Financial Regulatory Administration (NFRA) have jointly issued the "Implementation Measures for Professional Liability Insurance for Accounting Firms" to standardise and develop standard professional liability insurance for accounting firms.
The Chongqing Housing and Urban-Rural Development Commission has published trial operating guidelines for urban housing safety insurance.
Dai-ichi Life Group's New Zealand subsidiary, Partners Group Holdings, has agreed to acquire 100% of Fidelity Life Assurance Company for NZ$630m ($369m). This effectively expands the Japanese insurer's presence in the country's life insurance market. The transaction, which remains subject to regulatory approvals and other conditions, is expected to close by July 2027.
Pan-African reinsurer Continental Reinsurance has received approval from the National Bank of Rwanda to establish a representative office in Kigali.
The underwriting performance of Al Sagr Cooperative Insurance Company improved in 1H2026, with a combined ratio of 100.9%, after a sharp deterioration in 2025 (combined ratio: 111.1%), Fitch Ratings said. This compares with strong underwriting performance in 2023 (96%) and 2024 (94%).