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).
Regulators, investors and executive leadership teams are increasingly treating cyber incidents not as technical failures but as matters of governance, resilience and accountability.
Manulife Hong Kong has announced a Memorandum of Understanding (MoU) with Alibaba Cloud, to establish a collaboration framework focussed on advancing responsible AI innovation and accelerating the deployment of AI technologies.
The Office of Insurance Commission (OIC), Thailand's insurance regulator, is continuing efforts to prepare for the assessment of its compliance with international standards on anti-money laundering and countering the financing of terrorism (AML/CFT).