The Rwanda Agriculture and Animal Resources Development Board (RAB) has launched a subsidised insurance scheme for greenhouse agriculture. It aims to protect farmers against climate-related catastrophes and attract investments.
Indonesia's Financial Services Authority (OJK) has extended the deadline for insurance companies to submit audited financial reports under Financial Accounting Standards Statement (PSAK) 117, citing the need for additional implementation time among some insurers.
India's finance ministry has instructed state-run banks, insurers and financial institutions to implement cost-cutting measures, including tighter controls on travel and a phased shift towards electric vehicles, according to an order reviewed by Reuters, reported The Star.
The Philippine insurance industry's penetration rate increased to 2.03% in the first quarter of 2026, up from 1.89% a year earlier, driven by sustained growth in assets, premium collections and benefit payments, according to regulator data.
The Tanzania Insurance Regulatory Authority (TIRA) has discussed the establishment of a regulatory sandbox for the insurance sector to support the safe testing of new innovations.
Fawry for Banking Technology and Electronic Payments (Fawry), a company which operates a digital-only financial services platform, has obtained a third-party administrator (TPA) licence in Egypt through its subsidiary Treemed TPA, marking a decisive expansion into healthcare services.
African regulators and development finance institutions are working on frameworks that could unlock more domestic capital for regional infrastructural projects, according to Dr Corneille Karekezi, the Group Managing Director of Africa Re.
The 2026 first-quarter solvency reports of China's life insurers indicate that the sector has largely successfully navigated the full implementation of solvency requirements under the China Risk-Oriented Solvency System (C-ROSS) Phase II.
The National Healthcare Security Administration (NHSA) has unveiled a five-year action plan to strengthen oversight of the national medical insurance system.
The Insurance Council of Australia (ICA) said efforts to improve insurance affordability in Tasmania should focus on addressing the underlying drivers of rising costs, following the state government's announcement that it will establish a new statutory authority, TasInsure, aimed at reducing premiums.