The Monetary Authority of Singapore (MAS) yesterday announced a set of measures to strengthen Singapore's competitiveness as a leading asset management hub.
The Insurance Authority, in cooperation with the General Directorate of Civil Defence, has announced the launch of the Third-Party Cooperative Insurance Policy for Crowded Places and High-Risk Activities. The insurance will be mandatory pursuant to a Council of Ministers resolution.
The Bangladesh insurance regulator, Insurance Development and Regulatory Authority (IDRA) plans to introduce new rules for filling CEO positions that remain vacant for more than six months, reported the New Age.
The number of new life insurance agents recruited in the first six months of 2026 decreased by more than 20% to 30,000, compared to the corresponding half last year.
Motor insurers in Morocco have increased premium rates by an average of around 5% for mandatory auto third-party liability insurance, as part of the legislative reform of compensation for victims of traffic accidents.
The Central Bank of the UAE (CBUAE) issued its "Financial Stability Report 2025" yesterday, affirming the strength and resilience of the UAE financial and banking system.
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.