Industry Segments: Regulatory Page 86 / 92
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- August 26 2015
Tianjin lesson: Open insurance market to foreigners, says Lloyd’s
Lloyd's reinsurance head says China needs to let foreign insurers enter the market after Tianjin wake-up call.
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- August 12 2015
Insurance complaints on the rise in China
In the first six months of this year, complaints about insurance contracts in China grew by 4.03%.
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- August 12 2015
Tuition protection policy launched in Thailand
Thai parents can now protect their children's schooling in the event that they lose the ability to pay.
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- August 10 2015
Aviva mulls raising stake in Indian JV
British insurer Aviva has announced plans to raise its stake in its business in India from 26% to 49%.
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- August 6 2015
China to punish firms leaking medical insurance data
Insurance regulator to carry out inspections on firms found to have irregularities.
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- August 5 2015
Bangladesh to appoint auditor to check spending of life insurers
Majority of the country's life insurers were in breach of their respective spending limits last year.
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- August 3 2015
Japan insurers seek 19% hike in earthquake premiums
The new increase could take effect by January 2017 but will be introduced in phases.
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- July 29 2015
China urges insurers to go digital
Insurance regulator CIRC has issued guidelines to encourage insurers to use the internet to reach more clients.
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- July 24 2015
Myanmar halts licences for foreign insurers
No reason disclosed for suspension of licences to operate in Myanmar's special economic zones (SEZ).
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- July 24 2015
China expands medical insurance for critical illnesses
The critical illness insurance system will cover more urban and rural residents.
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- July 23 2015
Insurance industry warns of effects of global tax reform
IUA warns regulators that complexity and an undue compliance burden will discourage investment.
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- July 23 2015
Aussie insurers seek to scrap “inefficient” taxes
ICA CEO Rob Whelan urges government leaders to abolish the "inefficient" insurance taxes.
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- July 21 2015
China to support online insurance businesses
China's central bank is encouraging insurers and other financial institutions to improve their online offering.
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- July 20 2015
India fines public-sector insurers for rigging bids
The Competition Commission of India found four insurance firms guilty of rigging a tender in Kerala in 2009.
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- July 20 2015
Hong Kong’s top insurance bodies merge
IIHK and CII merger aimed at improving and strengthening standards in the city's insurance and financial services market.
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- July 17 2015
Australia’s QBE sells N American unit for US$90m
The sale is expected to free up more than US$100 million in capital and reduce policy sales by about US$400m.
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- July 16 2015
Insurers cite regulation as top industry risk
Heavy-handed regulators are the top concern among insurers around the world, followed by fears over the broader economic outlook.
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- July 15 2015
‘No insurance, no entry’ for Chinese visiting Taiwan
Tourism bureau will require insurance that covers unexpected illnesses or injuries sustained while in Taiwan.
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- July 15 2015
Singapore mandates compareFIRST submissions
MAS will require all insurers in Singapore to submit information to new one-stop online portal.
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- July 13 2015
India may remove foreign investment cap
India could relax rules as insurance broking is not a "capital-intensive business", says government.
