South Korea eyes Insurance Business Act revisions in H1 2021
December 1 2020 by Yvonne Lau
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South Korea mandates liability cover under new data, crypto regulations: Korean Re
- April 25
The market, which was hit by US$555m in summer rainfall losses last year, is set to benefit from compulsory insurance norms and the local players will also see easing of overseas expansion regulations, a report by the reinsurer says.
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Insurers face headwinds from pace of regulatory changes: Zurich’s APAC CRO
- April 24
Regulatory changes aside, the insurer's regional head of risk Siddhartha Medappa names macroeconomic risks, climate change, cyber and infectious disease as top risks facing businesses in the region.
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OJK grants reinsurance licence to Orion Reasuransi Indonesia
- April 22
The new carrier, to be led by Fitris Dinarwan, will offer multipurpose credit and home ownership credit reinsurance, according to its website.
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Taiwan’s Financial Supervisory Commission announces Peng Jin-lung as new chair
- April 17
Peng, who has previously served in the regulator's insurance bureau and was involved in the drafting of the Insurance Act, will assume the top job on May 20.
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FM Global | Resilience: No longer a choice
As climate disclosure becomes mandatory and new risks emerge from natural hazards, understanding the tools that are available to build resilience is more important than ever.
