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MWB Global Market Update: Kosovo - New Insurance Product Governance & Consumer Protection Standards
The Central Bank of the Republic of Kosovo (CBK) has introduced two new regulations strengthening insurance product governance, customer information, transparency, advertising, and consumer protection. Insurers and insurance intermediaries, including branches of foreign entities licensed by the CBK, have 12 months from the regulations' entry into force to achieve full compliance.
Oct 154 min read


MWB Global Market Update: NAIC Advances Capital Requirements for Offshore Reinsurance
The NAIC initiative calls for the development of a reinsurance recapture charge within the Life Risk-Based Capital (RBC) framework, intended to account for the potential capital impact when liabilities transferred through reinsurance are returned to the ceding insurer.
The proposal forms part of broader regulatory efforts to ensure that U.S. life insurers' capital requirements appropriately reflect the risks associated with increasingly complex reinsurance structures.
Sep 84 min read


China Announces 'Cash Before Cover'
Starting November 1st, 2025, companies looking to do business in China will be required to pay the full cost of their local insurance policy premiums up front before they can be considered officially covered.
Aug 213 min read


Italy's Regulatory Update: Compulsory Insurance for Public Resource Managers
Law No. 1/2026 was published in the Official Gazette on January 7, 2026, and took effect on January 22, 2026.
The legislation introduces a mandatory insurance requirement for individuals entrusted with managing public resources, requiring coverage to be in place before they assume their duties.
The insurance must respond to financial losses arising from gross negligence, and insurers are designated as necessary joint parties in any related liability proceedings.
Aug 215 min read


MWB Global Market Update: IRDAI Introduces New Insurance Intermediary Requirements
The amendments released by India's IRDAI shifts the country toward a continuous registration and compliance model, while strengthening governance, transparency, accountability and regulatory oversight across the insurance distribution sector.
Aug 194 min read


Germany Regulatory Update: Broker Disclosure Requirements Introduced
On 23 December 2025, the Agency for Regulation and Development of the Financial Market adopted Resolution No. 82, introducing a key provision that requires that insurance brokers disclose their minimum and maximum commission ranges, as well as any affiliated or formal relationships with (re)insurers.
The disclosure requirements entered into force on 1 February 2026, formalizing enhanced transparency standards within the insurance distribution process.
Jul 214 min read
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