Japan's Financial Services Agency has launched interviews with insurers that had business dealings with insurance agency Advance Create, following allegations that insurers may have assisted in concealing improper accounting practices, according to a report by Toyo Keizai.
Hong Kong has announced the reappointment of Mr Clement Cheung Wan-ching as the Chief Executive Officer (CEO) of the Insurance Authority (IA) for a term of three years from 15 August 2026 to 14 August 2029.
India's Appointments Committee of the Cabinet has approved the appointments of:
The Insurance and Private Pension Regulation and Supervision Agency (SEDDK) has introduced new regulations aimed at strengthening corporate governance in participation insurance (takaful) and individual retirement plans.
Japan's Financial Services Agency (FSA) has warned of growing difficulties for high-risk companies and large factories to secure corporate insurance under the same terms as in the past, as non-life insurers strengthen risk-based underwriting.
China is directing a greater share of newly added national medical insurance funds towards primary healthcare institutions as part of efforts to reduce patients' out-of-pocket costs and strengthen community-level healthcare.
Thailand's insurance regulator, the Office of Insurance Commission (OIC), has developed its objectives and key results (OKRs) for FY2027.
The Insurance Authority has launched the first phase of the Innovation Lab, one of the initiatives under the National Insurance Sector Strategy.
Thailand's Office of Insurance Commission (OIC) is exploring Russia's use of data and technology in insurance supervision, compulsory motor insurance and fraud prevention as it seeks to strengthen the country's insurance regulatory framework.
New Zealand's government opened a consultation on 10 August over a proposed levy covering prudential regulatory costs.