The risk protection landscape of China's intelligent connected vehicle sector is being quietly restructured.
The Australian state of Victoria has recorded a surge in motor vehicle theft claims, countering the national trend as every other major state has seen declines. The Insurance Council of Australia, citing data from the Insurance Statistics Australia, said Victoria's theft claims rose 25 percent between 2024 and 2025, while incurred costs jumped 37% to A$243m ($173.2m) across more than 12,500 claims. The state's total losses exceeded the combined value of theft claims in Queensland, New South Wales, South Australia, and Western Australia.
The Guinean Professional Association of Insurers (APAC) has launched a campaign to digitise car insurance certificates. This is a major step forward in modernising the insurance sector in Guinea.
The insurance industry in the UAE is no longer limited to the traditional form of comprehensive motor insurance. Instead, it is witnessing a real transformation in product design to keep pace with drivers' behaviour, technology and market conditions, according to Mr George Al-Ashkar, advisor to the board of directors of Dubai-based Fidelity Insurance Services.
China has appointed Ms Ding Xiangqun as the Communist Party committee chief of the National Financial Regulatory Administration.
Saudi Arabian Cooperative Insurance Company (SAICO) has appointed Mr Khalid Ali Ballow as Acting CEO, effective 21 May 2026, according to a bourse filing on the Saudi Stock Exchange (Tadawul).
The Financial Regulatory Authority (FRA) has given preliminary approval for Orient Insurance Egypt to join the Financial Technology Applications Regulatory Sandbox (FRA-Sandbox) to test a new digital project involving remote inspection and damage assessment in supplementary motor insurance.
FWD Group has appointed Mr Martin Zingg as a Non-Executive Director to its Board of Directors. With this appointment, he has become a member of the Board's audit and risk committees, as well.
Property insurance companies generated a combined total of CNY222.6bn ($32.8bn) in premium income in the motor branch in the first quarter of 2026, according to data released by the National Financial Regulatory Administration.