Workers' Support and Insurance Fund of Qatar since its inception in 2018 has contributed greatly to improving the working conditions and environment for workers and providing them with a decent living, within the framework of comprehensive reforms undertaken by the state in this regard.
Surging health insurance premiums in Malaysia have caused public distress to the extent that the Public Accounts Committee (PAC) of the country's parliament has decided to hold public hearings on the issue.
The National Assembly of Vietnam has amended and supplemented many articles and provisions of the country's law on health insurance 200811. The new amended law No. 51/2024/QH15 will take effect from 1 July 2025.
On January 23, China's State Council Information Office held a press conference to outline efforts to encourage long-term capital inflows into the stock market and promote high-quality development of the capital markets. A day earlier, six key regulatory bodies-the Central Financial Commission, China Securities Regulatory Commission (CSRC), Ministry of Finance, Ministry of Human Resources and Social Security, People's Bank of China, and National Financial Regulatory Administration-jointly issued the Implementation Plan on Encouraging Long-Term Capital Inflows into the Market.
According to local Chinese media reports, regulators have recently solicited industry feedback on strengthening oversight of non-auto insurance "unified reporting and execution" practices.
These are the updates on insurance regulation across China this week.
The Egyptian Senate reviewed a general debate request from member of parliament Mohamed El-Manzalawi and more than 20 members regarding government policies to enhance the efficiency and competitiveness of the insurance sector, according to news site Amwal Al Ghad.
Insurance customers in the United Arab Emirates will have to make payments directly to insurers instead of through brokers from 15 February 2025, when the new industry regulations are implemented, according to news site the Khaleej Times.
According to news site Jakarta Globe, the implementation of mandatory third-party liability (TPL) insurance for motor vehicles has been delayed, as the country's regulator, Otoritas Jasa Keuangan (OJK) waits for a government regulation. The programme was to be implemented in January 2025.
The Saudi Capital Market Authority and the Insurance Authority have signed an agreement to develop the financial market and insurance sector in the kingdom.