Industry Segments: Legal/Regulatory Page 81 / 89
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- November 10 2015
Returns on China’s variable life insurance products plunge
Sinolink Securities says the products have lost 11.43% on average during Q3 of this year.
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- November 10 2015
India’s non-life association puts up fraudster database
The list will focus on cases of attempted fraud and policyholders whose names turn up in multiple claims.
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- November 9 2015
China urged to revise cyber security insurance regulations
The draft cyber security regulations for the insurance industry have been met with stern opposition.
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- November 6 2015
World Bank eyes insurance investment in Bangladesh
The bank is reportedly planning to strengthen the sector and enhance its capacity through investment.
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- November 5 2015
China insurers told to settle small claims in five days
The new guidelines are aimed at providing better insurance claim services for customers.
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- November 5 2015
Aegon joins list of ‘too big to fail’ insurance companies
The Dutch insurer joins eight others whose stability is deemed essential to the global financial system.
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- November 2 2015
China to extend, improve old-age insurance coverage
The government said in March that nearly 200 million Chinese have yet to be included scheme.
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- November 2 2015
Tokio Marine closes US$7.5bn HCC acquisition
The biggest M&A deal ever by a Japanese insurer wins approvals from shareholders and regulators.
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- October 28 2015
Nippon Life seals US$1.65bn deal for NAB’s life unit
The bank will unveil details of the acquisition during its full-year profits announcement on Wednesday.
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- October 27 2015
Philippines issues guidance on micro pre-need products
Insurers in the country are set to soon come out with micro pre-need products and services.
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- October 26 2015
Beijing seeks to expand insurance collaborations with Taiwan
Life, health and liabilities insurance policies to form part of discussion in closed door meeting.
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- October 26 2015
Samsung Bank China Life begins operation
New shareholder Bank of China allows Korean insurer to operate life businesses in China.
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- October 26 2015
EastWest-Ageas life insurance JV gets SEC approval
East West Banking Corporation and Ageas Insurance International receive green light for new life insurance company.
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- October 23 2015
HK insurance commissioner addresses industry
Speaking at the FT Asia Insurance Summit, John Leung sought to ease fears about the burden of new regulations.
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- October 23 2015
China and Taiwan hold cross-strait insurance talks
The meeting is aimed at standardising regulations and improving mutual market access.
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- October 23 2015
Lloyd’s and China Taiping sign cooperation deal
Under the terms of the MoU, Lloyd's will help China Taiping to expand its global business network.
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- October 20 2015
Korean insurers free to set their own premiums
Financial regulator FSC is promoting greater price competition in the local insurance market.
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- October 19 2015
Bangladeshi scheme will train insurance practitioners
Professional insurance education is being offered through two private academic institutions.
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- October 19 2015
Vietnam to ban SOEs from investing in insurance firms
A government decree has banned SOEs from making fresh investments in insurance firms.
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- October 15 2015
Nippon Life eyes NAB’s insurance unit
The Australian bank has put its insurance unit on sale due to tightened global regulations.
