Subject: Regulatory Page 67 / 92
-
- January 20 2017
India approves listing of five state-owned insurers
The cabinet committee of economic affairs has confirmed the plan announced last year.
-
- January 19 2017
Philippine insurers given capital requirement deadline
Regulators have given insurance companies until April this year to meet the minimum capital target.
-
- January 19 2017
China to lower foreign investment restrictions
The State Council said it will cut restrictions on insurance, banking, securities and other sectors.
-
- January 18 2017
Berkshire enters Malaysia’s non-life reinsurance market
The Labuan licence adds to the company's existing presence in Singapore, Hong Kong and Macau.
-
- January 17 2017
Nan Shan Life takes over Chaoyang Life in Taiwan
The Taiwanese government is paying NT$200m to take over loss-making insurer before May this year.
-
- January 16 2017
Hanwa Life Indonesia mulls IPO in 2019
The IPO is part of an effort to meet the regulator's 80% foreign ownership limit for insurers.
-
- January 16 2017
Premium income up 29% in China
The country's insurers earned US$449.4bn from premiums in 2016, according to CIRC.
-
- January 13 2017
China investigates PICC president Wang Yincheng
Wang was reportedly taken away by authorities from the insurer's Beijing headquarters last Monday.
-
- January 11 2017
Taiwan to create long-term healthcare agency
The Ministry of Health and Welfare is planning to push forward the government's long-term care program.
-
- January 11 2017
China releases medical reform plan
The government plan puts an emphasis on insurance reforms and improvements for the period 2016-2020.
-
- January 9 2017
Employers oppose Malaysia’s health insurance system
The Malaysian Employers Federation (MEF) says the proposed system will be a burden to employers.
-
- January 9 2017
Singapore insurers to adopt tax-evasion measures
Tax residency status required for all account holders as part of a measure to combat tax evasion by 2018.
-
- January 6 2017
Indian reinsurers oppose new regulations
The Insurance Brokers Association of India is opposing the Reinsurance Regulations on Order of Preference.
-
- January 6 2017
Mixed reaction to Hong Kong’s health insurance scheme
The dropping of guaranteed acceptance and a high-risk pool has caused controversy in the industry.
-
- January 5 2017
CIRC further tightens rules on insurance industry
The regulator now requires a compliance management system on the holding company of an insurance conglomerate.
-
- January 4 2017
Chinese insurers face tighter profit margins this year
Analysts warn that low interest rates and increased regulation will further weaken investment returns.
-
- January 4 2017
Singapore’s ElderShield review set to start this month
The review committee will engage with caregivers, insurers and long-term care providers in a public consultation.
-
- January 3 2017
India finalises listing of public insurers
Listing norms for the country's public insurers will be finalised by the end of this month, a senior official revealed.
-
- January 3 2017
India’s public and private insurers in the doldrums
Higher claims, rising operating costs and aggressive sales strategies are taking their toll on profitability.
-
- December 23 2016
No buyers for troubled insurer Bumiputera
The Indonesian government is likely to consider state aid as efforts to find a strategic investor remain futile.
