The Association of Kenya Insurers (AKI) is urging collaboration by schools and universities, the Ministry of Education and other stakeholders, on a joint strategy to tackle the lack of insurance and risk management in educational institutions.
At the 2025 Allianz China Summit in Shanghai, Allianz (China) Insurance Holding Co general manager Lin Shuncai said the company aims to quadruple its China business within five years, leveraging its global service network to support Chinese firms expanding overseas.
On September 5, the National Financial Regulatory Administration released the 2024 results of the compulsory motor vehicle traffic accident liability insurance (compulsory motor insurance).
Beazley has promoted Ms Jenny Han to the role of focus group leader, environmental liability.
The Company for Cooperative Insurance (Tawuniya), one of Saudi Arabia's top three insurers, has entered into a strategic reinsurance partnership with TT Club, an international insurer for the transport and logistics sectors.
A high incidence of disclosure-related breaches as well as a consistent relatively high frequency of claims in smaller transactions have been observed particularly in Australia and New Zealand (ANZ), according to Aon's report titled "2025 Transaction Solutions Global Claims Study: Managing Deal Risk to Secure Investments and Enhance Returns".
These are the updates on insurance regulatory developments in China.
Insurance coverage should be made mandatory by law for robot users, covering all types of damages that may arise from their use, according to an academic.
Etiqa Insurance Singapore will extend support to its travel insurance customers who have been impacted by the impending closure of Jetstar Asia airlines.