Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, recorded a 35% leap in gross written premiums to $3.5bn in 2024 from $2.6bn in 2023, according to DIFC Authority COO Ms Alya Al Zarouni.
Sukoon Insurance (Sukoon) continues to exhibit above-average operating performance, despite the heavy floods that hit the UAE in 2024, according to S&P Global Ratings (S&P).
Tongyang Life Insurance has launched a new whole life insurance product that is designed to ease premium burdens while strengthening retirement protection by offering partial cash surrender benefits during the premium payment period.
The Financial Services Authority (OJK) urged non-bank financial services institutions to stay alert to potential risks arising from the ongoing economic slowdown.
Wataniya Insurance Company's profitability is expected to remain strong despite competition, says Fitch Ratings.
Manulife Singapore and Manulife Investments has announced a significant enhancement to Manulife iFUNDS, making it the first integrated digital wealth platform in Singapore to provide Manulife financial consultants with a consolidated view of their customers' Unit Trust (UT) and Investment-Linked Plan (ILP) holdings.
Taiwan's National Health Insurance (NHI) will soon expand its coverage to include three types of cancer immunotherapies for its members.
Mental health screening will henceforth be a part of the routine diagnosis and treatment processes of all clinical departments in medical institutions in the country according to a new circular issued by China's National Health Commission (NHC) in April 2025.
China's National Financial Regulatory Administration (NFRA) has issued a policy directive aimed at transforming the personal sales structure of the life insurance industry. The new framework, detailed in a notice released just recently, seeks to realign commission incentives, raise professional standards, and strengthen long-term service capabilities among life insurance agents. The move also supports the development of industry-wide product classification and agent tiering standards, to be led by the Insurance Association of China.
These are the highlights for all events and updates across the industry this week.