These are the updates on insurance regulatory developments in China.
The government has proposed the establishment of the Actuarial Institute of Bangladesh (AIB) to develop and promote the actuarial profession in the country.
The Securities and Exchange Commission of Pakistan (SECP) has organised a roundtable discussion to identify policy and regulatory measures to enhance the takaful industry's market share and promote Shariah-compliant financial inclusion, thereby contributing to economic growth and ongoing regulatory reforms.
The newly-established sovereign wealth fund Danantara has plans to consolidate the state-owned insurance and reinsurance sector, the fund's managing director and chief economist, Reza Yamora Siregar, has announced.
The Australian Prudential Regulation Authority (APRA), Australia's insurance regulator, has released a response paper outlining refinements to its proposed updates to the general insurance reinsurance framework.
Hong Kong's insurance regulator, the Insurance Authority (IA), has introduced a new framework for the classification of Domestic Systemically Important Insurers (D-SIIs).
The chairman of the Supreme Committee for Insurance Regulation, Mr Muhammad Al-Otaibi, has announced the cancellation of a unified system for compulsory vehicle insurance policies following a court ruling on an appeal.
The Insurance and Private Pension Regulation and Supervision Agency (SEDDK) has published the final declaration of the Insurance Sector Consultative Meeting, which was held in September.
With general insurance premiums in Indonesia experiencing a slowdown, the Indonesian General Insurance Association (AAUI) is encouraging an increase in premiums in the hope that growth can reach 8%. This was one of the topics of discussion during the 29th Indonesia Rendezvous forum held by AAUI in Bali on October 15-17, 2025.
Orient Takaful Insurance Egypt has received the approval of the Financial Regulatory Authority (FRA) to change its operating model from takaful to conventional, the financial regulator announced in a statement.