Sunu Assurances Nigeria has announced that its shareholders have approved a capital increase of NGN9bn ($6.2m) to meet new statutory capital requirements under a new insurance law.
The Office of the Insurance Commission (OIC), reported that as of 12 December 2025, southern provinces have seen approximately 30,000 vehicle damage claims totalling THB7.5bn ($206m) and 26,000 property damage claims worth THB1.8 bn due to recent floods.
A Dubai court has clarified that neither the insured, the driver responsible for an accident, nor the insured's employees -- if injured during work or as a result of it -- can claim compensation from the insurance company beyond the limit stated in the insurance policy's supplementary endorsement.
The Syrian Insurance Federation (SIF) and the Syrian Insurance Agents and Brokers Federation (SIABF) have been dissolved.
The majority (88.3%) of private-sector employees in the UAE have benefited from the unemployment insurance scheme.
India's Union Cabinet has approved a Bill which contains a provision to increase the foreign direct investment limit in insurance companies to 100% from the present cap of 74%. The Bill, cleared on 12 December by the Cabinet, covers several other amendments.
China has published its first state-backed catalogue of costly innovative drugs to be covered by private health insurers.
The National Financial Regulatory Administration (NFRA) has issued a notice to the insurance industry, reinforcing policies that encourage the long-term investment of capital.
The total gross premiums of insurers in Hong Kong saw a 10% increase in 2024, according to data released by the territory's Insurance Authority on 5 December.
Australia's competition watchdog, the Australian Competition and Consumer Commission (ACCC), has decided to oppose Insurance Australia Group Limited's (IAG) planned acquisition of RAC Insurance Pty Limited (RACI) from the Royal Automobile Club of Western Australia.