Industry Segments: Legal/Regulatory Page 66 / 89
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- December 8 2016
Indonesia’s larger infra budget to benefit insurers
Indonesia will see a bigger infrastructure budget for 2017 and it will be favourable to many insurers.
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- December 8 2016
Regulators map out sustainable development
The international network will promote cooperation on issues such as climate change.
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- December 8 2016
MAA boosts stake in Philippines general insurer
MAA General Assurance Philippines will soon become a subsidiary firm of MAA Group.
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- December 7 2016
KPMG adds three actuarial partners in Hong Kong
Paul Melody and Marco Warmelink join from Willis Towers Watson, while Michael van Vuuren joins from EY in London.
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- December 5 2016
Cyber premiums to triple by 2020
Growth expected as the EU imposes new rules that will promote protection of data starting 2018.
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- December 5 2016
Singapore’s health ministry explains MediShield disparity
Relatively large premiums are expected to cover claims that recur and stretch to the future.
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- December 2 2016
Mainlanders’ spending on HK insurance doubles
A total of US$6.3b was spent on Hong Kong insurance products during the first nine months of the year.
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- November 30 2016
Japan's employment insurance premiums to hit record low
The government is bent on cutting premiums to spur personal consumption and corporate spending.
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- November 29 2016
Etiqa to acquire majority stake in Indonesian insurer
The deal with general insurer Asuransi Asoka Mas will provide Etiqa with access to Indonesia's untapped market.
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- November 28 2016
Korea to enforce stricter monitoring on insurers
Unfair and irregular sales activities will be targeted, with plans to impose sanctions against violating insurers.
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- November 25 2016
Mitsui Sumitomo to offer cover for bitcoin losses
Developed with bitcoin exchange operator bitFlyer, the product aims to protect both exchanges and their customers.
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- November 25 2016
Tencent and investors sign HeTai Life deal
The Chinese internet giant invested through a subsidiary, while other shareholders include Citic Guoan and Munson Capital.
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- November 24 2016
Cost of fraudulent NHI claims hits new record in Taiwan
Among the 2,285 medical facilities the NHIA investigated in the past three years, 1,108 breached the regulations.
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- November 24 2016
China’s insurance regulator to get strict on trading habits
CIRC will beef up scrutiny after an insurer was recently found to be engaging in “rat trading”.
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- November 23 2016
Indian life insurers hit by demonetisation
The demonetisation of 500 and 1,000 rupees notes is affecting payments of renewal premiums.
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- November 23 2016
China to boost healthcare insurance system
The government will expand coverage to the entire population, according to Premier Li Kequiang.
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- November 22 2016
UK government urged to prioritise China, India links
The Association of British Insurers wants Westminster to help crack foreign markets after the Brexit referendum.
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- November 21 2016
Taiwan insurers urged to buy long-term debt
The regulator's call comes at a time when the government's bond sales are struggling.
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- November 21 2016
HNA quits Taiwan venture to launch own unit
The Chinese conglomerate is dropping its money-losing venture with Shin Kong Life.
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- November 21 2016
Hanwha’s Vietnam strategy finally pays off
For the first time since launching in the country, the Korean insurer has posted a profit.
