Industry Segments: Legal/Regulatory Page 83 / 90
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- October 9 2015
Bangladesh to establish employment injury insurance
Bangladeshi workers will soon have protection when they suffer injuries while at work.
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- October 8 2015
Taiwan’s health insurance fund hits its highest level
Lawmakers in Taiwan are starting to entertain the idea of lowering insurance premiums.
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- October 7 2015
US insurers hail Trans-Pacific Partnership agreement
US insurers say TPP will provide growth opportunities and additional high-paying jobs.
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- October 6 2015
World’s biggest insurers need to raise capital buffer
New IAIS rules have been finalised to prevent too-big-to-fail insurers from needing bailouts.
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- October 6 2015
Bangladesh insurers warned on money laundering
IDRA says insurers need to do more to stop money laundering and terrorist financing.
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- October 5 2015
Quake insurance could rise by up to 50% in Japan
Japanese nonlife insurers plan to raise quake insurance premium rates in 36 prefectures.
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- October 2 2015
China, Switzerland sign social insurance deal
Workers are now exempted from mandatory social insurance contributions.
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- October 1 2015
Australian regulator cancels ACI Broking licences
ASIC cited concerns about breaches of a number of reporting, financial and other obligations.
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- September 30 2015
Korea amends insurance rule for foreign workers
Foreign workers must now wait three months before they can apply for health insurance.
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- September 30 2015
China removes life insurance interest-rate cap
The new policy will return pricing power to insurers and encourage market-based products.
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- September 29 2015
Vietnam imposes higher premiums on employers
New insurance premium calculations to be applied in 2016 disappoint garment industry.
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- September 25 2015
China plans crackdown on illegal insurance activity
CIRC is deploying new technology to monitor and regulate the growing agency force.
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- September 23 2015
Tokio Marine wins approval to buy HCC for US$7.5bn
The deal was initiated in June but had to wait for approval from shareholders.
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- September 22 2015
Fire premiums on the rise in Japan
The increase is being driven a number of large-scale natural disasters in recent years.
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- September 22 2015
Chinese insurers now allowed to set up PE funds
Insurers can set up growth, buyout, mezzanine, real estate and venture capital funds.
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- September 22 2015
Hong Kong to launch Insurance Authority by year-end
The proposed Insurance Authority will replace the Office of the Commissioner of Insurance.
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- September 18 2015
Asia-Pacific outsourced insurance assets likely to surge
Growth is driven by regulatory clarity and innovations in accounting and risk controls.
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- September 16 2015
Indonesian regulator revokes licence of MAA General
Its Indonesian operation licence has been revoked with effect from September 3 2015.
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- September 16 2015
JLT establishes presence in Myanmar
A growing list of international insurers are establishing offices as the country opens up.
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- September 10 2015
Philippine insurers favour mandatory earthquake insurance
Insurers have submitted a proposal on compulsory earthquake insurance to the finance secretary.
