Online insurer, Go Digit General Insurance, saw a promising debut on the stock exchanges yesterday, with its shares opening at the price of INR286 ($3.43) on the National Stock Exchange (NSE), marking a 5.15% increase from the issue price of INR272, notes IIFL Securities, a stockbroking company which is part of the IIFL Finance Group.
The automobile insurance market in Côte d'Ivoire is doing well, according to the director of services at the insurer, NSIA Assurance, Mr Mel Bedje.
The Tunisian Federation of Insurance Companies (FTUSA) is developing a digital platform which will centralise insurance industry information, according to Mr Hatim Amira, executive director of the organisation.
Saudi Insurance, a body representing the interests of insurance companies in the kingdom, has established a cyber security sub-committee, following approval from the Insurance Authority.
The Securities and Exchange Commission of Pakistan (SECP) has entered the second phase of its end-to-end digital transformation and automation project, LEAP (Leading Efficiency through Automation Prowess), thereby automating its regulatory approvals and licensing regime.
Pune-based online insurer Go Digit General Insurance's (Go Digit) initial public offering (IPO) has attracted an overall subscription rate of 9.60 times when its three-day subscription period ended on 17 May.
ZhongAn Online P&C Insurance has entered into a Sale and Purchase Agreement to purchase two pieces of property on the Bund in the prime district of Huangpu in Shanghai for CNY1,436.6m ($199.1m).
The National Financial Regulatory Administration (NFRA) has issued guidelines on high-quality development in the financial sector, focusing on five areas: FinTech, green finance, inclusive finance, pension finance, and digital finance.
Strengthening protections around AI must start with sharpening or otherwise adjusting existing regulatory frameworks, says the Insurance Council of Australia (ICA).
Thailand's insurance regulator, the Office of Insurance Commission (OIC), has launched an insurance database system (IBS) in collaboration with the Thai General Insurance Association and general insurance companies.