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Oman: Regulator says insurers are required to provide coverage for EVs without exclusion

The Financial Services Authority (FSA) has issued a circular to the CEOs and general managers of insurance and takaful companies pressing home the message that they cannot refuse to insure electric vehicles (EVs) or renew the motor policy as long as...


Türkiye: Neova maintains lead in participation insurance market

Neova Katilim Sigorta maintained its leadership in the participation insurance (takaful) market with a contribution volume of TRY6.6bn ($170.8m), representing a 41.2% market share, in the first quarter of this year, according to data released by the Insurance Association of Türkiye (TSB).

Saudi Arabia: Insurance Authority and Culture Ministry deepen cooperation on cultural insurance

The Ministry of Culture has signed a Memorandum of Understanding (MoU) with the Insurance Authority to cooperate in preserving cultural assets and promoting the cultural insurance sector.

Other News

Africa

  • Algeria: KYC becomes a central anti-fraud tool for insurers

Asia

  • Australia: Insurers defend hike in premium pricing
  • New Zealand: Insurers are resilient in managing claims from an extreme seismic event
  • Malaysia: Member of parliament questions the logic of raising premiums to 50% in a new age bracket

China

  • BYD shuts down insurance brokerage as auto-backed intermediaries retreat
  • Executive salaries plunge across China's insurance sector
  • New rules redefine life insurance channels in China
Subscribe eChina

Asia Risk

  • Climate change could become the main driver of biodiversity decline
  • Climate change: Getting harder to find meteorites in Antarctica
  • Almost 85% of supply chains can't respond to disruptions in 24 hours

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