The National Financial Regulatory Administration (NFRA) issued the "Regulations on the Development and Management of Insurance Products by Property and Casualty Insurance Companies" on 9 October to regulate non-life insurance products.
China's insurance regulator has issued a "Notice on Carrying Out Investigation and Rectification of Quick-Returns Products" to all life insurance companies, launching a special probe into such products. The crackdown is undertaken at a time when life insurers are commencing or preparing to start sales for 2027.
The National Financial Regulatory Administration (NFRA) has issued rules for the development and management of P&C insurance products that, among various provisions, spell out the primary responsibilities and organisational structure for this function.
Japan's Cabinet has approved a bill to support marine insurance coverage for crude oil, petroleum products and liquefied natural gas (LNG) shipments if foreign reinsurance becomes unavailable.
Hong Kong's Insurance Authority (IA) has taken disciplinary action against six insurance intermediaries for breaching insurers' internal controls and assisting customers in making false declarations involving approximately HK$7.3m ($930,000) in bank drafts for premium payments.
The Financial Regulatory Authority (FRA) has issued a circular allowing insurance companies to use the property and liability insurance policy templates approved by the Authority and provided by the Insurers Federation of Egypt, without the need to obtain separate approval for each company.
The total number of insurance policies taken out for two-wheeled motorcycles in Tunisia is expected to reach nearly 40,900 vehicles by the end of 2026, representing an estimated increase of 100% compared to 2025.
Australia's Federal Court has ordered Hollard Insurance Partners (Hollard) to pay a A$2m ($1.4m) penalty after the insurer admitted to serious claim-handling failures that left a Victorian family living in appalling conditions, with their home ultimately deemed a total loss.
Insurance regulators are tightening rules for asset-intensive reinsurance while promoting alternative forms of insurance risk transfer.
Thailand's National Disaster Insurance Policy, under the government's 'Disaster Insurance for the People Project' is facing its first test with flash floods in Lamphun Province and windstorms in Chiang Mai Province, that occurred on 5 October 2026 following heavy rainfall. Coverage for 30m households nationwide under the government initiative began on 1 October 2026.