The life and general insurance units of the Nigerian insurance group, Heirs Insurance Group, have received strong ratings from Agusto & Co, a Lagos-headquartered pan-African credit rating agency.
Saudi Arabia's motor insurance sector is facing potential losses of up to SAR1bn ($266.5m) this year, according to a new report by Badri Management Consultancy, an international actuarial and risk advisory firm.
Increasing riots, civil disturbances, political conflicts and public unrest make it important that the property and casualty insurance policies include covers against riots and civil disturbances according to Indonesian financial services regulator Otoritas Jasa Keuangan (OJK).
SEADRIF Insurance has made a payout of $2m to the ministry of finance of Lao PDR under the new parametric insurance policy that was launched on 1 May 2025.
Insurance Council of Australia (ICA) has proposed that all land use planning should take into account the current and projected extreme weather events and ensure that areas of zero-risk and low-risk are prioritised for future development.
The Financial Regulatory Authority (FRA) has issued a model for the mandatory third-party liability insurance policy for accidents involving rapid transit vehicles within Egypt.
Recently, the three major P&C insurers-PICC P&C, Ping An P&C and CPIC P&C-released their interim results. Data show that in the first half of 2025, the combined ratios of all three declined.
These are the updates on insurance regulatory developments in China.
The Indonesian General Insurance Association (AAUI) has asked the public to immediately report to their insurers the riot, strike and malicious damage (RSMD) losses for riot insurance claims, if they have been affected by the recent demonstrations in the country.
Starting 1 September 2025, recipients of Sumbangan Tunai Rahmah (STR) can also claim a MYR30 voucher, subsidised by the Malaysian government, to help finance part of the cost of affordable insurance and takaful products with an annual premium or contribution of at least MYR50 under the Perlindungan Tenang Voucher 3.0 (PTV3.0) programme.