The Indonesian Financial Services Authority (OJK) has announced an extension of the reporting compliance deadline for the Financial Information Services System (SLIK) for insurance companies from July 31, 2025, to December 31, 2027. This decision affects both public and Islamic insurance companies.
Smart data centers are experiencing unprecedented growth, with global investments expected to reach <strong>7 trillion dollars</strong> by <strong>2030</strong>. This boom presents new challenges for insurance companies as reliance on complex financial structures increases.
Dubai Police have warned residents about the risks of falling victim to fraudulent insurance companies that exploit legal loopholes to offer fake services. This warning comes amid a noticeable increase in insurance fraud cases in the emirate.
The Egyptian Financial Regulatory Authority announced amendments to vehicle consumption regulations aimed at achieving a better balance between customer rights and insurance companies. This change is part of the authority's efforts to improve the working environment in the insurance market.