The Council of Australian Life Insurers (CALI) is warning that life insurance lead generation should not be swept up into a blanket ban designed to address misconduct in other parts of the financial system.
Thailand's insurance regulator, the Office of Insurance Commission (OIC), has announced a collaboration with the Consumer Protection Board (OCPB).
The Organisation for Economic Co-operation and Development (OECD) has commended the various reform measures being implemented by the Financial Services Authority (OJK) in the insurance and pension fund sectors to strengthen financial sector resilience, enhance consumer protection, and encourage healthy and sustainable industry development.
Egypt's Prime Minister, Dr Mostafa Madbouly, has issued a decree appointing Dr Rehab Taha as Assistant Chairman of the Financial Regulatory Authority (FRA).
The government has issued Decree No. 374, which sets out provisions for the management and operation of the Unemployment Insurance Fund under the Employment Law.
The Insurance Regulatory Commission of Sri Lanka (IRCSL) recently conducted an official visit to Hong Kong aimed at strengthening its regulatory capabilities and enhancing cooperation through exposure to international best practices and evolving supervisory frameworks.
A stark divergence between life and property insurance companies in the accident insurance branch has emerged, driven by tightening regulatory oversight, shifting sales strategies and the rise of digital ecosystems.
The authorities have wiped out a class of insurance products labelled as health insurance policies but structured as high-yield wealth management plans under the "Protection + Savings + Healthcare" concept.
Life insurers in India have reportedly asked the government to double the tax-free limit on insurance policies to INR500,000 ($5,232), according to Reuters, citing three sources directly familiar with the matter.
South Korea's financial regulator announced on 4 June that it is looking to establish an insurance fraud prevention system in 2026, leveraging artificial intelligence (AI).