Nepal: Regulator to force mergers on 2 insurers for failing to have minimum required capital

Published on August 1, 2023
The Nepal Insurance Authority (NIA) has stepped up efforts to force the mergers of insurance companies that failed to meet the regulator's directive to increase their capital.
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Pakistan: Regulator says there is urgent need to address motor third-party liability insurance

August 1, 2023
The current situation involving motor third-party liability (MTPL) insurance in Pakistan demands immediate attention, says the Security and Exchange Commission of Pakistan (SECP) which regulates the

Saudi Arabia: SAMA approves InsurTech rules

August 1, 2023
The Saudi Central Bank (SAMA) has approved InsurTech Rules, following a public consultation via the National Competitiveness Centre's Public Consultation Platform.