Six life insurance companies--China Life, Ping An Life, Taiping Life, Taikang Life, Taiping Life, and PICC Life--have been approved as the first batch of insurers to carry out Southbound Connect bond investments.
The illustrated interest rate for participating life insurance policies in China is set to be lowered, starting on 1 July this year.
The Insurance Council of New Zealand (ICNZ) has expressed its support for the government's review of the funding model for Fire and Emergency New Zealand (FENZ). It says the review presents an opportunity to create a more sustainable and equitable approach to financing the country's emergency services.
Insurance companies and other entities regulated by the Insurance Commission (IC) have been ordered to expedite the settlement of claims in areas declared under a state of calamity following the magnitude 7.8 earthquake that struck Mindanao.
Doctors and advocacy groups in South Korea have slammed a proposal to extend national health insurance coverage to common hair-loss treatments.
Nigeria's insurance regulator, the National Insurance Commission (NAICOM), has turned over the operations of African Alliance Insurance to a new Board of Directors and management team.
MS Amlin has appointed Ms Kirsten Mitchell-Wallace as Chief Risk Officer (CRO) and Mr Philip Young as Chief Information Officer (CIO). Both appointments are subject to regulatory approval.
State-Owned Enterprises Management Agency (BP BUMN) and sovereign wealth fund Danantara Indonesia are targeting completion of the consolidation of state-owned insurers under the auspices of the Indonesia Financial Group (IFG) by the end of this year.
When Hong Kong's insurance regulator, the Insurance Authority (IA), hosted the Artificial Intelligence (AI) Cohort Symposium on 15 June 2026, it also welcomed three insurers as new core participants of the programme.
New Zealand's Financial Markets Authority (FMA) has published the findings of engagement with insurers on how they manage customers' interests during periods of short-term sales campaigns and incentives.