Oman's Financial Services Authority (FSA) has verified that the Unified Motor Vehicle Insurance Policy for Comprehensive and Third Party Coverage provides protection for damages resulting from natural disasters, including hail, wadis, storms and cyclones.
As part of its efforts to enhance the transparency of financial examination procedures, Taiwan's regulator, the Financial Supervisory Commission (FSC) has announced its primary examination findings for the 2H2025, pursuant to the "Principles for Effective Financial Examination".
Thailand's insurance regulator, the Office of Insurance Commission (OIC), is accelerating the implementation of a nationwide system to protect victims of road accidents.
The Insurance Regulatory Commission of Sri Lanka (IRCSL), Sri Lanka's insurance regulator, has entered into a Memorandum of Understanding (MoU) with the Sri Lanka Police.
Dr Islam Azzam, the newly-appointed Chairman of the Financial Regulatory Authority (FRA), has stressed the need to accelerate the pace of digital transformation in insurance and other non-banking financial services, expand financial inclusion and continue developing the legislative and regulatory environment for the sector.
The Australian Prudential Regulation Authority (APRA) latest Insurance Climate Vulnerability Assessment (ICVA), has revealed that extreme climate events could affect home insurance affordability and the insurance protection gap over coming decades.
The General Insurance Association of Japan (GIAJ) is advancing an industry-wide system to assess the quality of insurance agency operations, its Chairman Shinichiro Funabiki has revealed. The objective is to improve insurance sales practices.
India's Supreme Court ruled that amounts received under employer-provided group insurance or other social security benefits cannot be deducted from compensation awarded under the Motor Vehicles Act.
The Ministry of Finance has revealed that the General Insurance Committee (CGA) had conducted on-site inspections to investigate why several insurance companies refuse to cover vehicles that are over 20 years old.
The Indonesian insurance industry is facing greater and increasing risks amid rising geopolitical tensions, according to the Indonesian Financial Services Authority (OJK).