The National Insurance Commission (NAICOM) has announced plans to introduce additional guidelines to ensure that retirees' funds and annuities remain secure and effectively managed and to boost consumer confidence.
Uganda is ready to adopt the Islamic insurance model, according to Dr Twaha Ahmed Kasule, a senior lecturer at the Islamic University In Uganda (IUIU).
The government has launched an initiative to provide insurance cover to service dogs working for the government.
The Indonesian government has initiated plans for a deposit insurance scheme for cooperatives in the country.
To increase long-term participation, Vietnam will introduce new social insurance laws from 1 July.
Cameroon's government has submitted a draft law to Parliament which, when passed, would require insurance companies to cede part of their premiums and reinsurance contracts to local entities.
The Financial Regulatory Authority (FRA) has issued a Decision setting out professional rules and standards governing the registration and practice of insurance and reinsurance brokerage activities.
The Financial Services Authority (FSA) is preparing for the launch of the second phase of the National Health Insurance Platform "Dhamani" scheme.
With the deadline for implementing China's new insurance contract accounting standard drawing closer, the Ministry of Finance and the National Financial Regulatory Administration (NFRA) have jointly issued a circular to ease the transition for non-listed insurers. The notice introduces deferral options for insurers facing implementation difficulties and outlines simplified treatment rules to ensure a balance between financial reporting quality and cost-efficiency.
Nearly half of the world's 40 largest insurers have now established a presence in China, and two more global players are set to deepen their footprint. AIA and Aegon have received regulatory approval to set up wholly foreign-owned insurance asset management companies in Shanghai-the first of their kind in the country.