Milliman Research Report – Regulatory diversity across AsiaAugust 2 2018
Milliman announces the release of its latest report entitled “Regulatory diversity across Asia,” a compilation and insightful analysis of current regulations applicable to life insurers across 14 Asian markets. This pioneering report provides an analysis of the life insurance regulations in Brunei, China, Hong Kong, India, Indonesia, Japan, Malaysia, the Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand and Vietnam.
The report includes an overview of the main regulations in these 14 markets, governing the following areas:
Products / pricing
Capital and solvency requirements
Enterprise Risk Management (ERM)
- November 5
The APAC president says changes to limits and pricing are needed for regional players to thrive.
- April 10
Climate change, increased urbanisation and a growing concentration of assets were on the risk agenda for 2018.
- March 19
Economic uncertainty, more complex risks and tighter underwriting are all influencing Asia's markets.
- March 11
Life and health premium growth is expected to outpace GDP gains in eight Asian markets.
The year 2021 will be critical for insurers to ensure they are ready for new regulations set to arrive in 2023.