The Bangladeshi government has introduced regulations covering the licensing and hiring of insurance agents.
The Office of Insurance Commission (OIC), together with the Thai Non-Life Insurance Association and the Thai Life Assurance Association, have launched a mobile app called "My Policy".
The Hong Kong Insurance Authority (IA) currently working with the insurance industry on the Protection Linked Plan (PLP), which will have enhanced protection elements in the early stage of the policy period when the fund balance is low.
Climate change will impact future weather events to varying degrees, and is expected to affect future insurance premiums, says the Reserve Bank of New Zealand (RBNZ) in its November 2021 Financial Stability Report.
The Capital Market Authority (CMA) has announced the launch of six digital services to facilitate the delivery of services to insurance policyholders, investors and other stakeholders.
The Hong Kong Insurance Authority (IA) is exploring the development of an Open API (Application Programming Interface) Framework to enable greater collaboration among insurers, third-party service providers (TSPs), and regulators.
The insurance regulator has published in the Official Gazette its "Regulation on Internal Systems in the Insurance and Private Pension Sectors", which entered into immediate effect.
The CBIRC is tightening regulations over life insurance sales that would introduce for the first time classification requirements for life insurance products, integrity requirements for agents, restrictions on self-insurance by agents and curbs on policy surrenders.
The insurance industry in China has made tentative steps to explore near-zero carbon car insurance, heavy rainfall catastrophe index insurance, and clean energy insurance, said a CBIRC spokesman.
The CBIRC's new regulations, issued in October, covering online life insurance sales are the talk of the town, as industry players strive to comply with the stipulated requirements.