Indonesia: Regulator keen to implement compulsory insurance

Published on February 29, 2024
The Financial Services Authority (OJK) has said that compulsory insurance is mandated under the Financial Sector Development and Strengthening (P2SK) law. The regulator hopes that compulsory
Continue reading on website
Other news

Hong Kong: Govt allocates nearly US$13m to promote sustainable development of financial services

February 29, 2024
The Hong Kong government will earmark HK$100m ($12.78m) to promote the sustainable development of financial services i the territory, according to Financial Secretary, Mr Paul Chan.

Oman Re's 2023 reinsurance revenue surges by 29%

February 29, 2024
Oman Re, the Sultanate's only reinsurer, has announced a huge jump in reinsurance revenue, which reached OMR 42.1m ($109.3m) for the fiscal year ended on 31 December 2023. This marks an impressive