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South Africa: Cyber insurance claim rejections surge

Rejcted cyber insurance claims in South Africa are growing due to poor governance and outdated cyber security practices, according to Mr Muhammad Ali, MD of South African World Wide Industrial & Engineering Systems (WWISE).


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Middle East

  • Egypt: Regulator issues rules on licensing insurance and other non-bank financial activities
  • Global: Takaful market sees assets grow by at least 15% in 2025
  • Morocco: Sanlam Maroc invests in Retail-Tech start-up

Asia

  • South Korea: Fire safety norms for electric vehicles made stricter
  • Indonesia: Regulator supports making travel insurance mandatory for foreign tourists
  • Vietnam: Ageing population likely to peak around 2059

China

  • Regulator to require insurers to set up ALM departments
  • China: Regulatory ALM indicators -- What must be met & what is monitored
  • Rules on information disclosure of asset management products take effect from 1 Sep 2026
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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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