Vehicle owners have to present a technical inspection certificate to purchase motor insurance, according to an order signed by the Minister of Finance and Budget, Mr Adama Coulibaly, last month.
Challenges have arisen regarding regulations related to labour, insurance, and taxes for foreign workers who are transferred from international offices within the same group to work in Vietnam.
The Indian branch of British insurer Aviva has been directed to pay $7.5m in back taxes and penalties after authorities uncovered fraudulent practices aimed at tax evasion, as detailed in a February 5 order reviewed by Reuters.
The National Insurance Commission (NAICOM) Nigerian Police Force (NPF) begun nationwide enforcement of the Motor Third Party Liability (MTPL) Insurance regulations on 1 February 2025.
The Insurance Authority (IA) has approved the merger of Gulf General Cooperative Insurance Company (GGI) and Gulf Union Ahlia Cooperative Insurance Company (GUAI), announced the two insurers on the Saudi stock exchange Tadawul last week.
A new regulation issued by the Financial Services Authority (OJK) of Indonesia will regulate the development of human resource quality for insurance companies, insurance brokers and reinsurers.
Thailand is proposing to increase health insurance fees for migrant workers to bring them closer to the universal health coverage that is available for the Thai citizens.
The Insurance Regulatory Authority (IRA) and Kenya Revenue Authority (KRA) have since 14 February 2025 been enforcing the law requiring Kenyan importers to obtain marine cargo insurance from local insurers.
According to local media, as of February 5, ten Chinese property insurance companies, including Asia-Pacific P&C Insurance, Qianhai Property Insurance, Hua'an Insurance, Bohai Property Insurance, Anhua Agricultural Insurance, and Dubon Insurance, have suspended new online insurance business.
These are the highlights for all events and updates across the industry this week.