The Ministry of Industry and Information Technology has issued the first batch of L3 conditional autonomous driving licences, marking a transition from the testing to the early-stage commercialisation of autonomous vehicles.
New energy vehicle (NEV) ownership in China has continued to climb this year, with sales reaching 14.8m units in the first 11 months, up 31.2% year on year. Alongside this surge, NEV insurance premiums have expanded rapidly.
The main drivers of increased technology spending on asset liability management are regulatory demands, including heightened requirements for stress testing, solvency reporting, and risk disclosures, according to research from international FinTech company Clearwater Analytics (CWAN).
Motor insurance products can only be purchased with a valid Ghana card from 1 January 2026.
Half of the attendees at a Root Platform's Managing General Agents' Association (MGAA) market briefing, are still at the earliest stages of their digital/ and Application Programme Interface (API) transformation journey, according to the results of a live poll conducted at the briefing session.
Manulife Singapore has launched an Artificial Intelligence Centre of Excellence (AI COE), which will focus on developing and scaling AI solutions in insurance.
The Syrian Insurance Federation (SIF) and the Syrian Insurance Agents and Brokers Federation (SIABF) have been dissolved.
India's Union Cabinet has approved a Bill which contains a provision to increase the foreign direct investment limit in insurance companies to 100% from the present cap of 74%. The Bill, cleared on 12 December by the Cabinet, covers several other amendments.
Traditional asset allocation strategies must change in the current market environment, according to the Vice President and Chief Investment Officer of China Pacific Insurance (CPIC), Mr Su Gang.
Abu Dhabi has launched the FinTech, Insurance, Digital and Alternative Assets (FIDA) cluster, an initiative spearheaded by Abu Dhabi Department of Economic Development and Abu Dhabi Investment Office. FIDA aims to advance the next generation of innovative financial and investment solutions.