Industry Segments: Legal/Regulatory Page 88 / 90
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- May 14 2015
Economic development and new risks, raise need for protection in SE Asia
Demand for protection expected to rise as more nations sought to protect their assets and wealth.
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- May 14 2015
Vietnam’s health insurance buyers drop by 1.2 million in Jan-April
Lack of proper public awareness of new health insurance regulations, cited.
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- May 13 2015
Singapore, London can collaborate on insurance solutions in Asia
Collaboration would address the demand for insurance in Asia with regulations focused on outcomes.
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- May 13 2015
Malaysia’s AIA names first woman CEO
Anusha Thavarajah to be named as new CEO, taking over from Bill Lisle.
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- May 13 2015
Fitch Ratings’ to update insurance notching criteria
Numerous rating changes expected for insurers located outside the United States.
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- May 12 2015
Bank Negara Malaysia inks IAIS exchange agreement
BNS Governor Dr. Zeti Akhtar Aziz confirmed the development in a statement.
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- May 12 2015
India’s insurance employees’ union oppose hike in FDI
Increase would mean handing over the hard earned savings of the people to foreign capital, says AIIEA.
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- May 7 2015
Vietnam considers criminalising social, health insurance avoidance by employers
Uncollected social insurance payments reached VND7.279tr (US$336m) at the end of last year.
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- May 7 2015
China encourages citizens to buy private health insurance
State Council offers tax reductions for premium payments of less than Rmb2,400 (US$392) per year.
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- May 6 2015
Malaysia’s Tune Ins to buy controlling stake in Indonesian insurer
Acquisition in line to expand insurance business to other markets in Southeast Asia.
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- May 6 2015
After Nepal quake, Indian insurers seek mandatory building code
Authorities asked to make earthquake-resistant construction codes mandatory.
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- May 6 2015
Manulife to open 18 branches in the Philippines, eyes raising market share
10 branches to be opened this year and a further eight scheduled in 2016.
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- May 5 2015
10 South Korean life insurance firms offering poorly written contracts
Contracts assessed based on clarity, brevity and comprehensibility.
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- May 5 2015
Bangladesh insurers seek withdrawal of insurance policy tax
Gains from life insurance policies urged to be withdrawn.
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- May 5 2015
Japan mulls mandatory insurance for drone operators
Seen as part of the overall plan to regulate drone operations in the country.
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- May 1 2015
Thailand expands crop insurance program to help rice farmers
Budget for compensation of insured rice fields set at THB476m (US$14.5m).
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- April 29 2015
Bangladesh to see first insurance JV if Mitsui Insurance gets license
Japan's largest insurance company, reportedly in talks with insurance regulators in Bangladesh.
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- April 29 2015
Global experts to discuss disaster insurance coverage
APEC meeting also looks at strategies to widen the penetration of micro-insurance products.
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- April 28 2015
Asian insurers moving towards Solvency II standards
Report also states that global insurers are facing increased regulatory requirements.
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- April 28 2015
China sets charges for deposit insurance scheme
Scheme unlikely to have a major impact on banks and premiums.
