The Central Bank of Jordan (CBJ) is currently working to develop regulatory frameworks for licensing digital insurance platforms and updating the legal framework governing online insurance operations.
Australia's first comprehensive Resilience Index has revealed that insurance coverage is the key driver of overall resilience. However, over 20% of Australians still face significant vulnerability driven by financial insecurity.
The Insurance and Private Pension Regulation and Supervision Authority (SEDDK) has published a circular clarifying the scope of fire insurance and how coverage and premium amounts should be displayed in policies.
The National Financial Regulatory Administration (NFRA) and the Ministry of Commerce have jointly issued the "Notice on Strengthening Coordination Between Commerce and Insurance and Improving Work Related to Domestic Trade Credit Insurance".
The National Healthcare Security Administration (NHSA) has released a normative interpretation of "Long-Term Care Insurance Nursing Service Plans" to improve benefits enjoyed by disabled individuals and to ensure the security of fund operations.
China's draft revised Insurance Law adheres to the basic principle of protecting policyholders' rights and interests in dealing with at-risk insurance companies. The draft maintains the existing "policy transfer + fund relief" model and places greater emphasis on meeting protection-oriented and long-term needs.
China's draft revised Insurance Law clarifies the role of the China Insurance Security Fund (CISF), highlighting that its rescue measures offer limited coverage.
The National Financial Regulatory Administration (NFRA) has clarified that insurance institutions permitted under regulatory rules to invest in Hong Kong Stock Connect equities may also invest in Hong Kong Stock Connect exchange-traded funds (ETFs).
Inbound travel insurance becomes mandatory today, according to new regulations issued by the Ministry of Finance.
The Financial Regulatory Authority (FRA) has issued a decision regarding the controls for underwriting and pricing in credit and guarantee insurance policies.