South African life insurers paid claims and benefits worth ZAR626bn ($38.24bn) in 2025, which included life, disability, critical illness (CI) and income protection policies, as well as underwritten pension fund benefits, annuity payments to pensioners and endowment policy benefits.
The Financial Regulatory Authority (FRA) has released regulations for applying depreciation rates in motor insurance to achieve a balance between customers receiving fair compensation and market stability and curb disputes.
Turkiye's Competition Authority has launched an investigation into 19 companies operating in the health insurance market over allegations that they may have coordinated the pricing of their products.
The impact of the Iran-Israel-US war in the Middle East has yet to be felt by the Taiwanese life insurance sector.
The Thai government convened a meeting last week to discuss guidelines for developing health insurance policies to cover treatment at public hospitals under the Department of Medical Services, according to a statement by the OIC.
The Australian Prudential Regulation Authority (APRA) has applied an additional A$2m ($1.4m) capital requirement to Sovereign Insurance Australia (SIA), an MGA.
The minimum capital for a national microinsurance licence shall be NGN3bn ($2.2m), five times the current capital, according to guidelines issued by the National Insurance Commission (NAICOM).
Dubai Police have issued a warning to the public about the growing risk of falling victim to fraudulent insurance companies and offices, urging individuals to verify licences and documentation before making any payments.
Only licensed and duly registered insurance companies may offer extended warranty in Saudi Arabia, the Insurance Authority has said in a statement.
The national energy emergency in the Philippines is showing its impact on residents, with health insurance premiums a definite financial pressure. In response, the Philippine Health Insurance Corporation, or PhilHealth, its state-owned health insurance agency, has opened a one-time fine waiver for premium arrears.