India’s insurance regulator has approved two new entrants in the market while beginning work on new regulations following recent amendments to the country’s insurance laws.
The Indonesian reinsurer's risk-based capital ratio fell to 163% at end-2025 from 228% a year earlier, with Fitch also assigning a negative outlook following the ratings downgrade.
The IRDAI’s draft regulations would require Indian insurers to adopt Ind AS from April 2026, with parallel reporting and independent audit checks in the first year.
South Korea’s financial authorities have pledged coordinated action, data exchange, and support measures in response to heightened geopolitical tensions in the Middle East.
India's competition regulator has unconditionally approved further stake acquisition by Central Bank into Generali's local life and general insurance ventures.