Regulators, investors and executive leadership teams are increasingly treating cyber incidents not as technical failures but as matters of governance, resilience and accountability.
Manulife Hong Kong has announced a Memorandum of Understanding (MoU) with Alibaba Cloud, to establish a collaboration framework focussed on advancing responsible AI innovation and accelerating the deployment of AI technologies.
The Office of Insurance Commission (OIC), Thailand's insurance regulator, is continuing efforts to prepare for the assessment of its compliance with international standards on anti-money laundering and countering the financing of terrorism (AML/CFT).
The National Insurance Commission (NAICOM) has formally granted an operational licence to CBI Partnering InsurTech, marking a significant milestone as the first fully licensed Partnering InsurTech company in Nigeria.
The General Secretariat of the Government has released a draft Bill to amend and supplement the Insurance Code to accelerate digital transformation, strengthen policyholder protection, and broaden access to insurance for previously underserved segments of the population.
Vietnam has made it mandatory for foreign workers in the country with 12 months labour contract to be covered under the country's social insurance (SI) scheme.
Japan's parliament has enacted reforms in the health insurance segment, that will help reduce medical costs and health insurance premium.
China has appointed Ms Ding Xiangqun as the Communist Party committee chief of the National Financial Regulatory Administration.
The Monetary Authority of Singapore (MAS) and the Life Insurance Association (LIA) have cautioned against the use of the term "capital guaranteed" in relation to investment-linked policies (ILPs), as part of efforts to curb misleading representations.
The Middle East conflict has weakened the outlook for Thailand's insurance premium growth this year, driven by surging energy prices, higher reinsurance costs, and increased financial market volatility, according to the regulator.