Fawry, a FinTech company, has obtained approval from the Financial Regulatory Authority to establish Fawry Microinsurance Company.
The Financial Supervisory Service announced that, together with the Korea Insurance Development Institute and non-life insurers, refunded KRW1.36bn ($1.0m) in improperly inflated motor insurance premiums to 2,289 victims of auto insurance fraud last year, reported Yonhap news.
The rise in Tokyo's birth rate in 2025, the first increase in nine years, highlights how comprehensive financial protection and risk-sharing mechanisms can influence demographic trends.
The Financial Services Authority (OJK) has maintained a positive outlook for Indonesia's insurance industry, citing expectations of healthier and more sustainable growth ahead.
The Egyptian government intends to complete the initial public offering of state-owned Misr Life Insurance Company, Egypt's biggest life insurer, before the end of June 2026, according to the Minister of Investment and Foreign Trade, Dr Mohamed Farid.
Turkiye Sigorta, the country's biggest non-life insurer, has decided to double its paid-in capital to TRY20bn ($446m) through a 100% bonus issue, with funds to be transferred from retained earnings.
The Saudi authorities have launched Ta'amman, the first independent digital platform dedicated to raising insurance awareness across all segments of society.
The operating performance of China's "Big Three" property insurance companies in 2025 was mixed in non-motor businesses. The divergence in their growth rates reflects the different strategic choices they made.
Huagui Life Insurance Co, the first local life insurance company registered in the southwestern province of Guizhou, has raised its registered capital to CNY2.61bn ($383.3m) from CNY2bn.
South Korea's financial regulators are calling on insurers and banks to play a bigger role in long-term investment as the government seeks to unlock capital for "productive finance" and support strategic sectors including infrastructure and energy transition projects.